ML20035F947
| ML20035F947 | |
| Person / Time | |
|---|---|
| Site: | Oyster Creek, Crane |
| Issue date: | 04/16/1993 |
| From: | Broughton T GENERAL PUBLIC UTILITIES CORP. |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| Shared Package | |
| ML20035F948 | List: |
| References | |
| C311-93-2062, C312-93-2029, C321-93-2122, NUDOCS 9304230110 | |
| Download: ML20035F947 (59) | |
Text
GPU Nuclear Corporation i
? Wuclear "a:'a*
Middletown, Pennsylvania 17o57-0480 (717)944-7621 Wnter's Direct Dial Number.
(717) 948-80D5 April 16, 1993 C311-93-2062 C312-93-2029 C321-93-2122 U. S. Nuclear Regulatory Commission Attn: Document Control Desk Washington, DC 20555
Dear Sir:
Subject:
1992 Annual Financial Reports Three Mile Island Nuclear Station Unit 1 (TMI-1)
Three Mile Island Nuclear Station Unit 2 (THI-2)
Oyster Creek Nuclear Generating Station (OCNGS)
Operuting License and Docket Nos:
DPR-50/ Docket 50-289 (TMI-1)
DPR-73/ Docket 50-320 (TMI-2)
DPR-16/ Docket 50-219 (0CNGS)
In accordance with the requirements of 10 CFR 50.71(b) and 10 CFR 140.21, the following financial information is being submitted:
-1992 Annual Report
-1992 Uniform Statistical Report
-1992 GPU Actual Source and Application of Funds Statement
-1993 GPU Forecast Source and Application of Funds Statement Sincerely, b)cs--
T.G.Broubton Vice President & Director, THI-1 1
230033 ggw Attachments cc:
T. Martin - Regional Administrator Region I, USNRC 9304230110 930416 i
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{DR ADOCK 05000219
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GPU Nuclear Corporation is a subsidiary of General Pubhc Utilmes Corporation
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Ger.cral Pubhc Utiboes Corporanon and Subsichary Currpuraes GPU Financial Summary 5 Yeat 10 Year Percent Growth Growth 1992 1991 Change Rate Rate Financial Data (In Afillions)
Operating revenues
$3,434
$3,372 1.9%
4.8%
3.57 Operating income
$450
$417 8.1 %
2.7 %
6.5 W Net income
$252
$276 (8.8% )
(.6% )
12.3%
Operating Data Megawatt-hour sales to customers (In Thousands) 39,262 39,592
(.8% )
1.7 W 2.3W Customers served at year-end (In Thousands) 1,901 1,879 1.27 1.3'Y 1.7 %
Price per KWii-all customers tin Cents) 7.49 7 72 (3.09 )
109 Common Stock Data Earnings per share
$2.27
$2.49 (8.8 W )
2.0%
13.47 Cash dividends paid per share
$1.575
$ 1.45 8.6W 47.6%
N/A Book value per share
$21.46
$20.81 3.19 6.49 8.4 %
Closmg market price per share
$27%
$27%
1.47 14.3 %
23.4W j
Market price to book value at year end 129%
131W Return on average comrnon equity 10.7%
12.0W
\\
Contents Fmancial Summary 1 Consolidated Statements ofincome and Retained Earnings 2 Condensed Consolidated Balance Sheets a Consohdated Starements of Cash flows 6 Sales and Revenue Statistics 8 Electric Power Data 10 Nuclear Unit Performance 11 Utility Plant and Gross Plant Additions 12 Sources of Energy (Energy Mix) 12 Financial Statistics 1 -s Common Stock Data 16 GPU Common Shareholders 17 Long-Term Debt of The System 18 Cumulative Preferred Stock of Subsidiary Companies 19 Consolidating Statements ofIncome and This report has been prepared for the Retained Earnings 20 purpose of providing statistical information Consolidating Balance Sheet 22 on the Corporation and its subsidiaries. The Consobdarmg Statement of Cash Flows 26 financial statements appearing in this report Directors and Officers 28 have been condensed nd contain reclassifica-tions of account balances.
I
General Pubiu 1:nt.nn Cogw.rarmn and 6 bud:an Comparues Consolidated Statements of income 1or The Years Ended December 31, (in Thousandu 1992 1491 1490 1989 Operating Revenues
$3,434,153
$ 3.371,599
$ 3,104,224
$ 2,991,727 Operating Expenses:
Fuel, pow er purchased and interchanged 1,256,734 1,239,896 1,091,294 1,009,972 Deferral of energy costs, net 40,175 (11,419)
(38,434)
(38,090)
Other operation anJ maintenance 856,773 891,314 840,709 843,550 Deferral of Oyster Creek operation and maintenance (6,254)
Depreciation and emertization 339,721 388,901 319,505 287,114 Taxes, other than income taxes 328,307 332,664 293,976 277,560 Total operating expenses 2,821,710 2.841,356 2,500,796 2,380,106 Operating Income Before income Taxes 612,443 530,243 603,428 611,621 Income taxes 162,166 113,583 142,918 160,337 Operating income 450,277 416,660 460,510 451,284 Other income and Deductions:
Allowance for other funds used during construction 5,606 5,084 7,286 8,844 Ot her income, net 30,503 41,433 44,1 0 49,017 income taxes (11,762)
(17,446)
(17,397)
(19,173)
Total other income and deductions 24,347' 29,071 31,059 38,688 Income Before Interest Charges and Preferred Dividends 474,624 445,731 494.569 489,972 Interest Charges and Preferred Dividends:
Interest on long-term debt 174,439 167,122 156,078 150,348 Ot her interest 18,966 34,372 36,669 37,950 Allowance for borrowed funds used during construction (6,974)
(9,325)
(11,828)
(10,768)
Preferred stock dnidenJs of subsidiaries 36,557 35,918 31416 29,978 Total interest charges and prefe rred dividends 222,988 228,087 216,335 207,508 Income Before Cumulative Effect of Accounting Change 251,636 217,644 278,234 282,464 Cumulative etiect as ofJanuary 1,1991 of accounting change for unbilled revenues, net ofincome taxes of $34,390 58,238 l
l Net Income
$ 251,636
$ 275,882
$ 278,234
$ 282.464 l
Larnings Per Average Common Share Before Cumulative Effect i
of Accountmg Change 2.27 1.96 2.51 2.50 Cumulatne Ltiett as ofjanuary 1,1991 of Accounting Change for Unbilled Reunues
.53 Earnings Per Average Share S
2.27 2.49 2.51 2.50 Average Common Shares Outstanding (In Thousands) 110,840 110,798 110,-'63 112,'6I Cash Dividends Paid Per Share 1.575 1.45 1.25 1.00 General Poh!u t'tann cons unon and %hud ary companin Consolidated Statements of Retained Earnings for The Years Ended December 31, (In Thousands) 1992 1991 1990 1989 Balance at beginning of year
$1,644,249
$ 1,535,937
$ 1,401,702
$ 1,262,783 Add - Net income 251,636 275,882 278,234 282,464 Deduct - Cash dividends declared on common stoc k 177,308 166,208 143.999 143,545 Other adjustments 2,381 1,362 Balance at end of year
$1,716,196
$ 1,64 4.249
$ 1,535,937
$ 1,401,702 2
Gnwr.d Puw tWn G,rmruoun and salmdev compnes 1988 198' 19s6 19NS 1981 1983 1982
$ 2,8-'O,2 38
$2,718,131
$ 2,799,413
$ 2.88',665
$2,742,72 4
$2,4 75,798
$ 2,426,638 8 N7,0' 4 823,872 818,358 1,001,43 1,250,706 1,163,943 1,041,792 (22.986 >
m5,654) 81,279 215,681 (137,152)
(115,800) 106,495 892,199 868,350 854,688 769.418
'15,289 620,915 522,539 (5 5,30N (20,470) 271,5 N 3 270,811 246,921 248,667 231,444 210,587 223,443 248,914 263.637 26;,490 264,977 246,669 221,900 218,507 2,276,784 2,141,016 2,261,'36 2,500.216 2,251,650 2,111.075 2,112,'76 594,454 577,115 534,6.-
387,449 491,0'4 364,723 313,862 159,805 183,484 180,452 114,990 172,528 105,890 73,799 433,619 393.631 354,225 272,459 318,546 259,833 240,063
',812 12,065 16,186 8,923 5.117 7,979 6,663 42,842 55,595 51,701 60,683 18,025 57,334 95,048 (17,424)
(2i,982; (18.014)
(27,378)
(8.138)
(31,715)
(43,780) 33.230 42,678 49,874 42,228 15,004 33,598 57,931 466,879 436,309 404.099 314,687 333,550 292,431 297,994 140.632 137,175 143,589 145,794 150,824 157,058 171,770 22,604 l',234 l',547 12,118 11,296 8.413 13,594 (10,121)
(7,760)
(4,957)
(8,402)
(6.680)
(3,643)
(7,960) 29,9 8 30,563 36,973 39,971 40,507 41,053 41,742 183,093 17',212 193,152 189,481 195,947 202.881 219,116 283.786 259.097 210,94' 125,206 13',603 89,550 78,848
$ 283,786
$ 259,09'
$ 210,9 0
$ 125,206
$ 137,603 89,550 78,848 2.38 2.06 1.68 1.00 1.09 73
.64 i
2.38 2 06 1.68 1.00 1.09 73
.64 119.451 125, 2' 125,727 125.727 125,727 123,052 122,527 675
.225 5
1988 1987 1986 1985 1981 1983 1982
$ 1,059.816
$ 830,38'
$ 621,182
$ 495,976
$ 358,373
$ 268,823
$ 189,975 283,~ 86 259,097 210,917 125,206 137,603 89,550 78,848 80,849 28.289 1,;49 1,742
$ 1,262,78 3
$ 1,050,816
$ 830,387 5 621,182 1 495,976
$ 358,373
$ 268.823 3
i I
General PuNn Unhnes Corporaoori and SuNdwry Comparues Condensed Consolidated Balance Sheets Dec ember 31, tin Thooundd 1992 1991 1990 1989 ASSETS Utility Plant:
In service, at original cost
$7,961,433
$7,556,121
$7,230,314
$ 6,752,899 Irss, accumulated depreciation 2,717,394 2,521,867 2,397,269 2.215,745 Net utility plant in service 5,244,039 5,064,254 4,833,045 4,537,154 Ot her, act 584,855 507,485 502,861 535,574 !
Net utihty plant 5,828,894 5,571,739 5,335,906 5,072,728 1
Current Assets:
Cash and temporary cash insestments 10,390 5,121 11,297 19,980 Anounts receivable, net 281,679 309,239 367,079 321,181 Unbilled revenues 108,415 102,063 hiaterials and supplies-construction, rnaintenanc e and fuel 259,560 25',767 254,900 207,129 De ferred income taxes 81,302 82,071 85,093 84,655 Other 50,375 51,709 47,463 40,734 Total current assets 791,721 807,9'O 765,832 673,679 Deferred Debits and Other Assets:
Net investment in Three hiile Island Unit 2 (Thil 2) 352,236 310,462 221,269 234,537 Unamortized property losses 105,476 106,777 110,501 113,837 Remaining Thil-2 cleanup funds to be collected 51,639 Deferred income taes 152,189 158,966 127,469 233,320 investments 41,195 37,806 29.956 34,775 Ot her 451,644 407,581 336,971 271,726 Total deferred debits and other assets 1,102,740 1,021,592 826.169 939,834 Total Assets
$ 7,723,355
$7,401,301
$6,927,907
$6,686,241 LIABILITIES AND CAPITAL Capitalization:
Common stotk S 314,458
$ 314,458
$ 157,229
$ 157,229 Capital surplus 605,015 603,700
/61,083 761,762 Retained earnings 1,716,196 1,644,249 1,535,937 1,401,702 Reacquired tommon stock, at cost (256,334)
(256,379)
(257,057)
(257,546)
Total common stoc kholders' equity 2,379,335 2,306,034 2,197,192 2,063,147 Cumulatn e preferred stock 464,674 464,674 499.674 399,674 long-terrn debt 2,221,617 1,992,499 1,935,956 1,867,553 Total (apitalization 5,065,626 4.763,207 4,632,822 4.330,374 Current Liabilities:
Debt due within one year 29,207 54,450 12,793 56,752 Notes payable 101,423 188,508 226,746 200,400 Obligations under capital leases 168,789 185,844 183,174 196,442 Au ounts payable 290,592 283,645 269,190 246,640 Taxes accrued 149,211 189,056 147,985 155,238 Other 284,298 248,939 207,771 205,670 Total current liabilities 1,023,520 1,150,442 1,047,659 1,061,142 Deferred Credits and Other Liabilities:
Defer:ed income taxes 789,298 775,476 733,750 816,980 Unamortized insestment tax credits 182,526 195,544 211,698 224,235 Thil-2 future costs 320,000 235,800 30,530 Estimated remaining Thil-2 cleanup costs 6,568 Ot her 342,385 280,832 271,448 246,942 Total deferred credits and other habilities 1,634,209 1,487,652 1,247,426 1,294,725 ~
Total Liabilities and Capital
$7,723,355
$ 7,401,301
$6,927.907
$6,686,241 4
Gennal Pul,tu h,him corpe.imn nd s nan Comnmm a
19SM 1987 19M 1%5 1981 1983 1982
$6,303.07 5
$ 5,94 3,18 3
$ 5,504,848
$ 5,096,5 5 5
$ 4,800,5 22
$4,583,964
$ 4,336,668 2,038,563 1,862,021 1,'01,293 1,564,325 1,445,912 1,338,825 1,235,546 4,264,512 4,081,162 3,803,555 3,532.230 3,354,610 3,245,139 3,101,122 536,473 498,'64 540,039 494,589 431,194 331,610 369.057 4,800,985 4,579,926 4,343,594 4,026.819 3,785,804 3,5'6,749 3,470,179 90.884 64,533 64,278 124,645 21,938 76,435 188,239 269,940 295,366 210.958 215,789 220,811 197,944 186,242 199,263 208,653 191,234 172,325 185,603 110,509 139,270 86,256
'8,288 116,640 73,782 (47,~79) 4,928 49,228 40,268 52,518 80,936 94.130 64,549 44,240 32,668 686,610 699,358 664,076 6so,97 )
445,122 464,056 595,647 254,643 260,483 265,093 2'2,477 290,375 320,321 346,905 118,256 130,074 142,255 153,133 156,965 208,090 208,108 77,937 192,397 289,018 388,861 491,848 (17,302)
(17,~02) 206,9 5 181,402 71,568 83,029 97,068 87,831 80,691 25,0 0 25,304 16,693 11,004 17,444 18,486 21,633 244,929 209,971 226,137 231,794 230,807 167,245 "O,561 927,810 999,631 1.010,764 1,140,298 1,284,507 784,671 710,196
$6,415,105
$6,27 8,915
$ 6,018,4 34
$ 5,848,088
$ 5,515,433
$4,825,476
$ 4,776,022 1
1
'e 5 157,229
$ 157,229
$ 157,229
$ 15',229
$ 154,054
$ 153,229
$ 153,229
~ 61,7 5 7 761,757 761,757 763,502 756,452 756,140 755,890 1,262,783 1.059,846 830,387 621,182 495,976 358,373 268,823 (157,816)
CO)
CD)
('0)
(O)
(70)
(0) 2,023,953 1,9 8,'62 1,'49,303 1,541,843 1,406,412 1,267,672 1,177,872 399,6 4 399,674 424,739 483,039 488,389 491,933 497,013 1,727,914 1,668,'63 1,736,580 1,816,311 1,797.154 1,894,965 1,998,700 4,151,541 4,0 r,199 3,910,622 3,841,193 3,691,955 3,654,570 3,673,585 l
3,947 54,112 46 098 51,736 75,746 58,440 128,567 l
166,!85 109,459 44,248 95,000 14,000 19,000 194.819 l'5,467 66,758 6;,915 11,398 268,432 202,h34 241,833 212,911 228,842 234,954 181,651 141,579 138,903 141,700 136,142 97,057 89,627 93,8'O 204,744 219,198 260,769 132,757 (87,862) 14,104 147,860 1,013,706 899,973 801,406 597,461 420,181 411,125 5'O,948 743,780
'28,627 576,512 522,596 465,911 393,812 285,044 236,289 248,490 24',757 230,276 152,362 118,257 132,127 56,229 161,175 268,860 387,614 506,725 213,860 193,551 213.277 268,948 278,299 247,712 114.318 1,250,158 1,331,743 1,306,406 1,409,434 1,403,29-'
759,781 531,489
$6,415,405
$ 6,278,915
$6,018,4 3 4
$ 5.848,088
$ 5,515,43 3
$4,825,476
$ 4,776.022 5
on,mi wu tuon 0,vem.ma sA,amn 0,mmm Consolidated Statements of Cash Flows f or The Years Ended Duember 31, (in Thaisands) 1992 1901 1000 1989 Operating Activities:
Inwmc before preferred dividends of subudiaries S 288,193
$ 311,800
$ 313,650
$ 312,442 Ad;ustments to rewncile inwme to c ash provided.
Depreciation and anmrtizanon 340,138 391,735 330,173 292,590 Amortization of prope rty under capital leases 67,820 59,874 64,149 64,168 Cumulative erfn r of auounting change (58,238) c No< lear ourage maii tenance wsts. net 16,736 (21,651) 13,744 20,204 Deterred inwmc taxes and mvestment
~'
tax credits, net 8,720 0 2,888) 5,799 36,402 Deferred energ) msts, net 40,989 (10,205) 06,843)
(35,866)
Au retion inwme (20,500)
(25,200)
(29,100) 0 3,000)
Allowame for other funds used during wnst ruc tion (5,606)
(5,084)
(7,286)
(8,8 11)
Chariges in workmg < apital:
Re( n vables 23,546 56,672 (45,971)
(51,509)
Materials and supphes (1.780)
(2,866)
(47,772)
(7,081)
~
Spnial Jeposits and prepayments (852) 9,238 (20,911) 1,280 Payables and aurued habihties (47,039) 72,655 26,912 8,443 Three Mile Island Unit 2 (leanup, net 16,276 (23,364)
Other, net (23,766)
H95 23,161 G76)
Net cash prmided by operanny aerisitits 686,599 746,737 605,951 574,069 mm Investing Activities:
Cash wnstruuion expenditures (460,073)
(467,050)
(490,546)
(486,911)
Prmeeds from sale teasebac k U2 2,563 J
Contnbutions to deuinmnssionmg trust (22,714)
(19,337) 0 3,910)
(4,698)
Other, net (26,368)
(28,429)
(7,2 -11 )
(25,066)
Net cash used for insestmg arovines (509,155)
(514,M4)
(529,134)
(515,675)
Financing Activities:
Inc rease m long-term debt 585,954 278,206 82,259 283,265 inc rease (dec rease) in notes pay able, net (87,776) 0 8,256) 25,570 34,579 Retirement oflong-term debt (387,029)
(186,4 2-')
(57,922)
(l44,059)
Capital lease prinupal payments (70,440)
(58,796)
(63.680)
(60,243)
Reauluisition of wmmon stm k (99,773)
Issuance of prefttred stoc k of subsidiaries 50,000 100,000 Redemption of preferred stm k of subsidianes (51,635)
(36,363)
DmJends pa.d on common stmk (174,538)
(160,653)
(138,452)
(113,088)
Dividends paid on preferreJ stock of subsidiaries (36,711) 0 6,180) 0 3,2-' 5 )
(29,978)
Net cash required by finanunx auivities (172,175)
(238.469)
(85,500)
(129,297)
Het increase (decrease) in cash and temporary cash investments from above activities 5,269 (6,176)
(8,683)
CO,903)
Cash and temporary cash investments, beginning of year 5,121 11,297 19,980 90.683 Cash and temporary cash investments, end of year $ 10,390 5,121
$ 11,297
$ 19,980 Supplemental Disclosure:
Interest paid (net of amount capirahred)
$ 200,640
$ 240,233
! 176.142
$ 177,247 inwme taxes paid S 184,062
$ 147,771
$ 174,779
$ 166,257 New capitallease obligarmns incurred S 48,087
$ 62,988 5 57.859
$ 63,273 Common stoc k diudends declared but not paid S 44,327 5 41,557
$ 36,002
$ 30,455 6
u.
C,ennal Publ.c 1're!a.n G.rn,naion and subudmry cornyn.n J
1958 1987 1986 1985 1984 1983 1982
$ 313,764
$ 2t
O
$ 247,920 282,996 287,6s4 282,784 51,361 45.920 8,212 (26,016) 83,41) 38,928 (5,326)
(80,349) 88,532 (36,400)
(39,600)
(43,400)
(7,812)
(l2,065)
(l6,186) 25,64)
(84,223) 4,802 7,470 (l7,419)
(l8,670) 13,484 29,576 14,417 30,323 17,669 43,428 (2,800)
(11,064)
(18,911)
(l1,638)
(31,111)
(29,298) 635,047 478,089 602,558
\\
(441,408)
(458,148)
(482,740) 71.319 117,9M0 5tatements are not available for the years (3A79)
(3,410)
(3,158) 1982 through 1985.
(10,711)
(13,323)
(15,079)
(384,279)
(356,901)
(500,977) 98.665 2,800 24,250 56,370 65,211 78,478 (56,403)
(62,383)
(153,930)
(54,477)
(41,098)
(8,212)
(157,746)
(26,026)
(66,244)
(80,849)
(28,289)
(29.978)
(31,148)
(36,290)
(224,418)
(120,933)
(161,948) 26,350 255 (60,367) 61,533 64,2'8 124,645
$ 90.883
$ 61,533
$ 64,278 e
$ 153,765
$ 149,366
$ 148,376
$ 198,305
$ 168,076
$ 139,653
$ 62,501
$ 161,731
$ 13,668 7
ar,unaa unnnn onimnor, ma sa,samry 0,m;w in Sales and Revenue Statistics For The Years Ended December 31, 1992 o/e 1991 g
1990 e
1989 q
Electric Energy 8 ales tin Thousands of MWil):
Residential 13,725 35 13,852 35 13.369 35 13,377 35 Commercial 12,333 32 12,336 31 11,760 30 11,469 30
~
Industrial 11,901 30 12.035 30 12,344 32 12,422 32 Other 1,303 3
1,369 4
1,239 3
1,208 3
Sales to custome rs 39,262 100 39,592 100 38,712 100 38,476 100 c:--
Sales to other utdities 5,877 -
3,549 3,603 2,669 Tots!
45,139 43,141 42,315 41,145 Operatmg Revenues (In Mdhons):
Residential
$1,336 41
$1,340 41
$ 1,211 41
$ 1,181 41 Commercial 1,075 33 1,060 33 951 32 903 32 Industrial 752 23 752 23 709 24 700 24 Other 96 3
95 3
86 3
86 3
h 2
Rnenues from customers 3,259 100 3,247 100 2,957 100 2,870 100
~
I Sales to other utdities 127 -
84 108 81 Total electric revenues 3,386 3,331 3,065 2,951 Other revenues 48 41 39 41 Total 53,434
$3,372
$3,104
$2,992 Net Intome (In Thousands)
$251,63G
$275,882
$278,234
$282,464 y
Percent of Electnc Rnenues 7.4%
8.34 9.19 9.69T Price per KWil (In Cents):
Residential 9.73 9.67 9.06 8.83 Commercial 8.72 8.59 8.09 7.87 Industrial 6.32 6.25 5.75 5.64 All c ustomers 7.49 7,72 7.24 7.17 Average Customers (in Thousands):
Residential 1,671 1,654 1,641 1,624 Commerc ial 207 204 201 195 Industrial 9
9 10 10 Or her 3
4 3
3 Total 1,890 1,871 1,855 1,832 Residenti.I Customer Statistics (Average):
KWil 8,215 8,374 8,146 8,238 Annual bd1
$799.65
$ 810.10
$ ~ 37.71
$727.39 licating Degree Days:(a)
Avc.Yr.
JCP&L 5,026 4,827 4,108 3,890 5,000 Met-Ed 5,351 5,654 4,976 5,075 5,375 Penc lec 6,358 6,483 5,836 5,602 6,635 Cooling Degree Days:(b)
Avg.Yr.
JCPAL 1.243 1,113 1.651 1,257 1,238 Mer-Ed 962 712 947 1,138 797 Pene'x 609 274 781 441 544 (a) Represents the dady d fierence by which the mean temperature is below 65* F.
(b) Represents the dady ddference by a hich the mean temperature is above 65 F.
8
Gurer.d Pub lu 17 dn u s Gqurm und SubsiJary C<wywm t
19S8 1987 c;
1986 19M5 19Si 1983 1982 13,283
- 5 12,115 31 11,-'79 34 11,142 34 11.273 3i 10,901 35 10,601 34 11.048 29 10,275 28 9,651 28 9,080 27 8.826 26 8,322 26 8,1 - 2, 26 12,800 33 12,140 31 11,856 31 11,707 45 11,770 35 10,60s 34 10,752 34 1,306 3
1,309 4
1,181 4
1,il7 4
1,622 5
1,669 5
1,824 6
38,427 100 36,169 100 31," O 100 33,446 100 33A91 100 31,500 100 31,353 100
~
~
~
1,3O 1,500 483
~~~
517 2n 6
592 39,707 37,669 35,253 33.863 33,724 31,506 31.915
$ 1.15 2 41
$ 1,085 ll
$ 1,107 40
$ 1,10')
39
$ 1,049 39
$ 979 40
$ 920 39 818 41 793 30 816 30 828 29 765 28 6S8 28 662 28 05 25 670 2S 7 3(>
27 808 29 773 29 673 28 691 29 00 3
92 4
97 3
95 3
108 4
105 i
102 4
2,795 100 2.6 10 100 2 '56 100 2,840 100 2,695 100 2,445 100 2,478 100 30 45
~-
12 18 -
8 (5) --
21
--~~
2.8i 1 2,685 2,768 2,858 2,703 2,i10 2,399 39 33 31 30 40 36 28
$ 2.8'O
$ 2,718
$2,799
$ 2,888
$2,74 3
$2,176
$2,i27
$283,786
$ 259.097
$210,917
$ 125,206
$ 137,603
$ 89,550
$78.818 10 0?
9.7 r <
,.69
- 4. -1 '?
- 5. I r; 3.7 <#
3.3 rJ 8.08 8.72 9.40 9.9(>
9.i1 8.98 8.67 16S
' 72 8.16 9.11 86' 8.26 8.10 5.51 5.52 6.21 6.90 (1.57 6.35 6.46
'.1 I 7 13
.8 5 8.14 8.01 7.75 7.51 i,599 1,568 1,533 1,.199 1,470 1,4 17 1,-i29 191 185 179 173 169 165 164 10 10 10 10 10 10 10 3
3 3
3 3
3 3
1,804 1,'66 1,725 1,(>8 5 1,652 1,625 1,606 8,305 7,938 7.682 7,433
',666 7,535
',419
$720.5 5
$691.82
$722 22
$710.13
$713.54
$676.59
$643.37 5,16' 1,681 4,682 4.641 5,026
.i,908 4.858 5,6'6 5,312 5,375 Sy2 5,512 5,482 5,430 6.550 6,106 6,124 6,162 5,879 6,113 5,9 16 1,335 1,424 1,291 1,041 1,017 1,295 1,017 1,202 1,091 915 615 1,199 1,000 724 765 691 326 4 15 638 689 493 9
- r. ora m nam tmira.m.noau.saryeumn,mn Electric Power Data her The Yeats I taled 1)ct ember 31, 1992 1991 1990 1989 IIcat Rate (liTit Per Net KW Ii - Steam) 10,029 10.135 10,169 10,204 Sourc es of 1:nt rgy (in Thousands of M Wilt Net generation 29,981 27,727 29,812 31,607 Powtr pun bases anJ mter(hange 20,001 20,189 16,798 11,564 Company use, line loss, ett (4,843)
( i,'"7 5 )
(4,425)
(5,026)
I nogy sales 45,139 43,141 42,415 41,115 I:ncrgy cost fin Mdis Pt r KWilt Coal 13.79 11.99 I4.96 1i.29 Nutlear 5.51 6.30 6.58 6.78 litility pur( bases and intert hange 19.94 21.89 21.98 24 12 Nonutihty port bases 58.50 57 81 60.18 60.h6 (hher (gas & ml) 39.98 32.87 39.22 37.96 As crage 20.90 21.32 19.78 18.76 Capacity at System Peak (MW):
Company ow ned 6,718 6,737 6.870 6,865 Con t rac t ed 3,360 3.0 15 2,270 2.120 Total t apaut y 10,078 9,782 9,140 8.985 Ilouriv Peak Inad (MWL Sunimer peak 8,067 8.271 7.64i 7,711 Wmte r peak 7,173 7,119 6.847 7,439 a
llesene at system peak 24.9 %
1 HSV 19.79 16.5'J Inad fac tor (a) 62.3%
61.19 6 i. I'll 6 4 4'V Generat mg Stanon $tatist u s.
Estimated Prinupal 1992 10 Year Average Mc gawat t Cost of Plant Remaming l'uel Generation Generat ion Name Owner Capabihty ($ Per KW) lie (Yrs.)
Used (000 MWH)
(000 MWil) htum:
1Iomer City Penelu interest 912 419 17-25 Coal 6,203 5,71i Shawulle Penelec 597 34 i 8
Coal 3,479 3,749 Portland Met-Ed 101
%i 12 Coal 1,83G 1,618
$ayreulle JCPA1.
301 25i 16 Gas Oil 115 657 Keystone J( PAL Interest 283 2P
'6 Coal 1,985 1.867 Cononaugh Met.1:d Interest 250 250 19 Coal 1,966 1,845 Tit us MetJJ 241 103 12 Coal 1,007 1,129 hew ard Pent let 196 402 8
Coal 1,239 1,179 Gilbert JCPAL 1li
'4' 8
Gas.' Oil 61 200 Warren Penelet 88 363 8
Coal 408
-j 40 Werner JCPAI.
58 121 11 Oil 13 90 Ot her Penelec Coal 415 NudeE TM1 JCPAl. Met-1.d Penelet
~86 970 22 N ut lear 6,920 4,067 Oyster Crn k JCPAl.
610 1,300 17 Nut lear 4,529 2,6 %
Lhhn:
Combustion 'I urbine-.
Gas ( hl (los JCPAlsMer-1:J 1% nelu
'88 18
5-27 Gas Oil 79 278 Oil 110.)
JCPAL MetJd-Pentiec 482 131 5-19 Oil 10 61 Comhmed Cyc le (1 )
'J C P&l.
318 so9 9-22 Gas oil 234 714 Ilydro(3)
Mer lil Pent!ct 6i 10 22-28 252 237 Pumped Storage (2)
JCPAl/Penele( interest 263 145 44-18 876<b) 165 Lorrgy 1Ned for Pumping JCPAlfMet-1 d Pentle(
(1,231)
(680)
Tot al 6,718 29,981 26,701 (a) The ratio of the average hourly load m kdowatts supphed during the Scar to the peak load a t urting durmy the 3 car.
(b)locludes 195 MWil forJCPAI.and Met 1.d leased mierest in Senn a.
l l
10 1
<,cnmi rahnt UnboM ona o..n and WJwy ( nn p.aien 19x8 19s7 1986 19x5 198i 19S4 1982 10,25' 10.206 10,310 IOAN4 10.173 10,556 l o,64S 29f)19 20.070 2 I,50N 24.014 19,MO9 20,50i 20,8I1 14.621 13.041 14,3'3 13,'20 17,180 11,170 13.927
(-i,' ) ;)
(i,135) 0,628)
(3,900)
(3,265)
HJ6S n (2,823) 49,79' 47,n69 35,253 34,863 33,721 31,506 31,9 15 11.0i l i 02 1-1.15 15.79 15.92
] t90 16.35 5 ou 6 02 3.59 5.03 6.25 5.85
-i.Os 24 10 2460 40,36 41.80 15.19 47.94 41.09 Ssm 67.0 5 39.02 37.2i i1.59 1709 48 97 u.'-
34 s5 39m 50 69 56.96 51.80 62.67 17.15 1o. 5 19.51 26.01 32.51 3I.52 28.3i o,7 ' 5 6,787 6,787 6.827 6,H27 6,S27 7,415 1,985 1,9 49 1,9 l 9 1,H99 995 5-11 222 N,'60 8,726 8.706 8,726
',H '
' 36S 7,567 7.9s'
~,;15 6,60s 6,691 6,101 6,140 6,0 18
' 019 6,519 6,228 6,612 6.014 5,945 6,142 9 7'&
- 19. sra i 1.7 '.;
- 40. j 'y 22.2'"
'O.OCI 17.5i 61.5'i
- 63. i's
- 66. 3':(
63.5'i 65.3'4 65.O'4 605 r:/
Nuclear Unit Performance Capacit y I at tor (a)
Availabiht y (b)
()yster Cret k n )
TM I-1 (d)
Oyster Creek u )
TMI-1 (d)
Pre 19N2 Astrage
- 65. 'i f. 3 'X 72.3's 4N.5'V 1982 3 '.1 62.5 1983 3.8 11.5 1981 51 9.6 1985 WO 11.9 83 1 21.2 1986 2i0 0.9 31.5 70.9 1987
$~.;
' 1. I 61.9 72.5 1958 65.0 78.s 65.5 6.I 1989 4il 1020 53.5 99.5 1990 93 1.9 8' '
Sl.4 199I 54.o
- 80. ]
59.0 Sfi.O 1992 84.5 100.5 85.0 99.5 laferime 56.1 51.5 61.3 52.5 (4) Net tlectraal e nergy times 100, disided by the produtt of x rim! hours times tact maxirnum dependable capatity (summer) rating.
l (b) Umt as ailable hours omes 100, daided by lx rial hours.
M Opter Creek was taken out of sen ne for st heduled extensne repairs and mainten.une as well as retueling in February 1983 and returned tu v n u e n Nuvemic 1981. Oyut r Cret L was taken out of servae m April 1986 for scheduled rnaintenant e and refueling and was restarted in Det ember 1986.
(d) TM1-1 was out of sen ne for v heduled refut hng at the time of the Mart h 28,19'9 TMl-2 au nient. It rem.uned shut dow n until Oanber 1985.
1l l
r (srN tal hd da l'!d ! ds ( Au pd.tt sult and $Ul%h,tr} ( A rn4 ssf air $
Utility Plant and Gross Plant Additions I or The Years I nded Deu-tuber 41, ein ThousanJO 1992 1991 1990 19N9 Unhty Plant t' At Ooxin I Cost):
in nt T.it u an ~
l osul - steam
$1,224,773
$ 1,180,N60
$ 1,21 1,160
$ 1,180,9 68
- Combustion turinnes 325,256 306,8s0 293,~93 279,915 Nuc lear 1,574,538 1,529,092 1,425,151 1,3M,141 Punyol storape anJ hulro 65,851 61,786 61,185 59,763 Total 3,190,418 3,078,578 2,091,589 2,883,787 Transnuwion 1,077,575 1,045,315 991,582 X8S 723 Distnhunon 3,134,420 2,955,324 2,807,324 2.614,307 General and other 559,020 516,904 4 %,819 366,082 Total 7,961,433 7,586,121 7.230,314 6,'52,899 Iru, au umulated depreuonoo 2,717,394 2,521,867 2,397,269 2.215, 45 Net utihty plant in x rme 5,244,039 5,G61,2 5-i 4,H 3 3,015 4,537,151 Construction work in progress 314,756 2'2,730 270.975 29i,180 Propert y under iapital leases, not 192,883 213,05-1 210,720 218,277 Ileid for future use 18,890 18,911 18,691 18,776 Nudeor fut 1. net 58,326 2,~ 90 2,-i' 5 4,311 Net unhty plant
$5,828,894
$5f 71,739
$ 5,05,906
$ 5,072,728 Gross Plant Additmus:
bser ne rat lon'.
I ossil - Su am S 65,854
$ 49,917
$ 38,966
$ 43,271
- Combusnon turbmes 19,795 19,902 14,510 33,767 Nudear 88,209 103,597 101.074 H 3,791 Pumped storage and hydro 4,402 4,2~ 7 2,057 1,947 Transmiwion 46,307 16.285
'3,498 71.369 Distobuonn 203,793 210,690 220,611 222,087 Nut leur fuel 229 (hhtr 44,486 35.S 5 N
-19,950 42,131
'lotal
$472,846
$ 172,551
$ 501,196
$ 198,592 Net i tdity P! mt Per War-I nd Customet (In Whole Dollars)
$3,066
$ 2,96'>
$2,861
$2.'5 4
(.c m al h, -t'onon ( rp, w a,m.a sa,m boy (mmp e n Sources of Energy (Energy Mix) l'or The Years Ended 1)e< emh r 31, 1992 1991 1990 1989 Coal 36.3 %
- 37. 4'#
40.29 12.0's Nudear 22.9 17.9 20.5 20.7 Unhty purchases and mren hange 23.9 29 8 29 3 27.0 Nonuolity partbases 16.1 12.1 68 16 Oiher (gas, h fro A oil)
.8 2.5 3.2 5.'
Total 100.0 %
1000'^
100.09 100.0's M
i2
G, o, ui N h t n:.n cor;muwm.n.J u~an < m;mn,n lux 8 19s' 1986 l'<
19s4 1983 1982
$1.127,199
$ I,(N2 h'O
$ 1.01 ',5 65
$ 979,5 41
$ 9 40,126
$ 896.N41
$ 86N,411 215, 61 2 i i,1 S I 255,246 225,441 22i,2'6 222,0N 5 218,OS2 1,2'5.561 1,188,111 1.n6",4 5 4 93.352 Xso,83 N 84',002
'46,966 59,162 58.255 5 5 J. 41 55,269 50,502 50,0M 16.820 2.70N,08 3 2,5 2,517 2,55,'9S 2,197,5S9 2,095,012 2,005,991 1,880,309 8 4 2,12h 709,'41
'65,149
'48,851 700,220 6SS,7 51 668,990 2 A 28,678 2,261,714 2,093,122 1,947,016 1,790,620 1,691,465 1,006,694 G 1,186 309,1 N )
O779 223,069 214,610 200,754 180,675 6,303,075 5,9-13,184 5,50 4,S 1S 5,096,555 i,800.522 4,583,964 4, U 6,668 2,048,56; I,862,021 1 ~01,293 1,56),425 1 A15,912 1,3 4h,825 1,235,546 4,261,512 4,0x 1,162 4,803,555 3,532.230 3,354,610 3,2i5,139 3,101,122 288.20'
> 5 3.416 3OI,;N8 252.254 209.204 148,493 153,582 21M,441 205.8i4 92,902 89,175 38,663 19,616 20,214 28,190 28,536 2M.607 29,162 42,735 10,2S1 19,4'l 117,459 121,625 15),720 15;,655 172,740
$ i, son,985
$ a,$'9.926
$i,4 4 3 W1
$ i,026,819
$ 3,'8 5,80 i
$ 3,576,7 49
$ 3,0O,179
$ 63,460
$ 69,361
$ ",1 1 1
$ 57,773
$ 13,302
$ 39,0 49
$ 3 j,389 2 5,05 N 21.489 s,275 5,220
'.339 3,088 3,732 95,760 81881 139,606 79,98')
S9,918 65,565 (a,791 796 2, l'9 2,iS9 5,612 2,017 1,821 2,86i 46.454 3 2,9~ 9 35p?4 29,159 29,126 21,298 28,546 19'^1-184,2~6 184,816 147,261 116,'20 101,217 90,071 25N 567
',9;'
'9,821 1,'SO 11,601 6,9N3 4 N,93 7 50,i22 57,919 54,160 20,s49 18,46 1 g,2 49
$ 668. 4 49
$ 115.15-
$ 512,'5 5
$ 10',995
$ 41 ],4x1
$285,58S
$218,615
$2b42
$ 2,569
$ 2,192
$ 2,370
$2,2 1
$ 2,l h8
$2,151 19hN 19S-19N6 1985 19si 1983 1982 1I.N7 11.O'T 12.9 0
- 15. 5 ",
15.y:-
50 c; 4S 2";
20.I 19.2 15 6 11.6
.5
.2 56 41.4 30."
- 6.S Ah2 46.3 41 3 40 0 1.1 3
.2
.2
.1
.I 53 5N L5 6.5 7.s 77 6.2 100.0%
! 00 O'%
100.0%
1OO O'y 100 O',7 100 O'y 100 O';
I3
(.o,u.a na :u n a oragm.on one.a~a,, c -w-Financial Statistics l'or The Years I ndeJ Det ernher i1 1992 1991 1"90 19N9 Ca;utahution Ratio:
long. term debt (Int luJmp Due Witlun One Year) 43.3%
4 0. 8 'e 34 9'J' 41.9'V Preferred sin L 8.9 9.3 10.3 8.-
Common sta k eqtuty 45.8 46.1 45 1 45.0 Sub-toral 98.0 96.2 95.3 95.6 Notes payable 2.0 3.8 4.'
1 -1 Total 100.0*4 100.057 100 01V 100 O'i Cagytal Costv Fml.edded cost oflong-term debt 8.10%
8.379; 8.407 8.269 I mbedded cost of preferred stm k 7.48%
7.62's
' 71'T
".52'i Return on Average Capital (Including 5hort-Termt p{
liefore inuime taxes 12.62*'o 12.60'4 13.769 14.83!i Af ter income taxes 9.25*'o 9.99 3 10 38'V 10.8291 Return on Aserage Common Equity 10.65%
11.979 12.93'T 13.827 Interest Cmerage under hiortgage Indenture Requirements:
JcpaL 2.66 2.96 338 3.59 hier.I;d 4.07 3.20 5.51 6 15 Penelu 5.02 1.51 5.32 5.31 PnfernJ 5tml Coverage under Charter Requirements:
JCPAL 1.89 1S5 1.97 2 19 hiet-Ed 2.06 1.75 2.-19 2.50 Pern in 2.76 2.58 2.65 2.58 e
Eartungs to Iixed Charges under $1 C Requirernents:
JCPAL 2.54 2.69 2.71 2.85 hiet-LJ 3.41 2A4 3.66 3.71 Penelu 4.21 3.47 3.92 1 03 Perter.t of Cost to Customer per KW1i Sold:
I nergy:
I ut 1 10.5%
11.77 13.'" /
15.7's ie Power pun based and inten hanged 26.7 25.6 21.9 18.5 Dt terral of energy ur.ts 1.2 L4)
(1.2)
(1.3)
Total 38.4 36.9 34A 32.9 Payroll and other operation and maintenante 25.3 26.8 27.2 28.6 f
Taxes 14.5 13 4 1 -L 3 119 Capit al-Depreoarion and arnortuation 10.1 1 1.'
10.1 9.7 Interesi and preferreil Jnidends 6.8 7.1 7.4 7A Return io u.mmon stoc kholders 4.9 4.1 6.3 6.5 Total t ost to t ustomer 100.0%
100 0'7 100(rv 100.09 Annual Compos:re Depreoarion Rate 3.17%
3.20'4 3.30's 3.369 i
l Number of I m; loyees 11,969 12.018 12.516 14.013 i
i i
i I
i i
li
< a omi Nth 17,h ws tor; o -m and subs,Jie, Oe;wac-19X8 19S7 19S6 l'NS 19Hi I483 1082 10 $ r-4 0.9';/
41.6'?
15 O'i 4 8. 5 'li
- 52. 4 ';
55.7'I 9.2 9.5 10 6 12 4 12.6 14.2 13.0 16.5 67.0 43 39.6 36.4 31.0 40.8 06 '
97.1 98.9 i00 0 97.5 99.6 99.5 4.s 2.6 1.1 2.5
.4 5
100 OU, 100.O'e 100 O "<
100 O':/
100 O's 100.O'#
1 OO.O'V 8.2'"
8 06's 8 Oi 8.1 l '4 81O';
7.99'V 8.14 '#
- 5 2 ':
'.52 1
~.63';,
8.1 -1'?,
S. I 8's 8.21 '#
8.25'7 15.I2",
I 5.7 5'e 15.05's 12 00'4 13.87'i l l.67'V 10.86',7 10 969 10 65';i-1 O Ol 'J 8.339 8 M7 '7 7.90?;
7.943 1i.18" 13.81';
12.76'7 8 16's 10.25%
.37 9
- 6. 89'T 4.38 4 61 3.'6 3.13 3.24 3.00 2.06 5.24 5.12 j.98 1.S l 3.08 1.7-i 1.35 5.46 5.i" 5.47 3.88
-4.62 4.30 30l n
2 50 2.30 1.99 1.81 1.55 1.70 1.46 2.35 2.47 2.07 1.27 1.68 1.24 1.I7 2.58 2.50 2.11 1.73 1.96 1.59 1.60 4 51 3.50
- .26 2.82 2.6; 2.99 2.30 i.22 3.'7 2.3(,
3.16 2.16 1.89 4.ON
-i.25 1.02 3.2' 3.93 2.77 2.89 1i';
I 5. %
12.79
- 15. I g 16 5'T 17.59; I 7.9'V 16 6 15.4 16.9 19.9 29.8 30.2 25 6 th) l i.2 )
2.9
'.6 (5.1 )
01.7) 4.4
- O 5 2'.5 42 5 42 6 41.2 13.0
-l'.9 31.5
- 24 30.9 26 9 24 i 2 i.6 21.8 1 i.5 16 6 16 0 1 i. ;
15.5 13.4 12.2 9.6 10.1 89 S.'
8.6 9.8 9.3 6.8 6.9
'.2 6.9 7.5 N.5 9.4
.1 65 1.5 1.6 2.8 7
L6) 1 OO O':e 100 o'J 100.07, 1 OO,O'A 100 O':;
I OO.O's
!00 O'4
- 3. 4 6';<
i.4 7 l 3.40'?r
- 33(7
,i. 2 N 'V 3.27 ':/
- 3. 2 4 'i'T liA'3 13 '77 13,934 13,'l4 13.216 12,~ 19 12,120 1
15
a (erlaCTm! I'til:hi. k 'l a f at h ( > FjkWa v.ri kfk! N1}Widl.s') I Altfi;W;nt%
Common Stock Data I or The Years I nded Dn enJrr 41.
1992 1901 1"00 l989 Shares of Cornnx.n 5ta k (In Thouvndo New e. sues licac qun red 5.301
()atstandmg at y ear-end 110,818 l l o,N 15 110," 5 l l o.7-P Rest ra ttJ uruts at y ear-end 39 Aserage outstandmg for year 110,840 110,'98 1 t o,' M 112.761 Net Intome sin Thouundo
$251,636 5275,SR2
$2~8.2 3 )
$ 282,161 I arrungs Per Aserage Snare
$ 2.27 S2.49 52 51
$2.50 Cash IhuJends Paid.
Per share S1.575
$1.15
$ 1.25
$ 1.00 During 3 ear iin Thousands)
$174,538
$ 160/>53 5138,152
$ 113.oss Pay out rate 69.4 %
5 8.2';
4 9.8 ':<
39.9'7 Market Prae Per Share:
Range tiligh4ow 1:or Year)
$ 27~,. 24 %
5294-21%
$ 2 3' n-I P 4
$2Pi-l M s Closmg prk e
$27%
524
$22%
$23%
Prne I.arnmps Ratio 12.2 10 9 9.1 9.4 lhudend Yic IJ on Ye ar-End Marktt Pine 5.7%
- 5. 3ni 55 'T 4.2'J Lornmon 5toi kholders' I qtuty fin Thousandsi Total at year-end
$2.379,335
$ 2,306.OH
$2,19',192
$ 2.06 4,117 Astrage
$ 2,362,878
$2305.202
$ 2,1 s 1,791 52.043,920 liook Value at Year-1,nJ
$21.46
$ 20.s 1
$ 19.83
$ 18.63 Marker Prue to liook Value at Year-1 nd 128.7 %
1So w 111.i 1268'i l
Not k Prates I 9S.' - 1992 2-~w g
,g i
I hph - Low cc.
m e r.i *
"-'*g
&)&')
gM l
?
M
., s. 0,.
-3g, om M :sb :s s g.
Ldi,.,
2A 01%
r -A
' I,^
1r,
~.j i
)s C
lo+
7 ]
IWr V
N 9 L) " '
l 10 +
h
'4 J
-Q.]y I4 t'k Cn 6 ws y
s' n
wi w
pg ;tj uj
..(j 10 2Q 30 40 ss s
1(ril 1992 16
G:ner ! pun.< l'rd. tin Gwn,r.n..n and Nilsdian Gemiernes 198N 1957 1986 19S5 1984 1984 1982 3,200 9,682 116,035 125,727 125,727 125,727 125,727 125,727 122,527 119,451 125 727 125,727 125,727 125,727 123,052 122,527
$283,786
$259,097
$ 210,917
$125,206
$ 137,603
$89,550
$~'8,848
$238
$2.06 (1.68
$ 1.00
$ 1.09
$.73
$lvt 5.675
$.225
$80,849
$ 28,289 25.4 W 10 9's
$ 19%-1 W
$ 14's-10's
$12%-84
$8%5%
$5'n-3%
$4 s-3%
$3%2%
$19
$14%
$11%
$M%
$5%
$3%
$3%
q 8.0 69 6.7 8.6 5.3 5.3 5.2 l
3.6'i I.67
$ 2,023.953
$1.9'8 '62
$ 1,749,304
$ 1,511,843
$ 1,106,412
$ 1,267.672
$1,17-' 872
$ 2,001.657
$ 1,876,4 50
$ 1,652,630
$ 1,180,326
$ 1,3 42,601
$ 1,214.875
$ 1,144,271
$ 17.4 4
$15.74
$ 13.91
$ 12.26
$ 11.19
$ 10.OH
$9 61 l
i I
los 97 wu p.
T 69.sz 51.4 5 38.49 35 iw I
! @PU Common Shareholders Ihember 31,1992 No. of Ifolders No. of Shares Size of lioidmp (in Thousands) 4 (In Thousands)
W l to 20 shares 9
19 89 21 to 60 shares 7
14 286 61 o 100 shares 5
10 436 101 to 300 shares 14 26 2,939 3
5 301 to 1,000 shares 12 23 6,300 6
1,001 shares and over 4
8 100,76d 91 Total 51 100 110,81 H 100 17
1 r
f Grtwral Pubhr 1% hoes Corporatam and Subudary (nmpames i
Long-Term Debt of The System I
I i
(in Thousands)
Ihember 31,1992 f
4 l
Jersey Central Power & Light Compan/:
i j
brst mortgage bonds - series as noted:
4%7 due 1993
$14,477 6.90W duc 1997
$ 30,0t K) 8.25W due 2006
$ 50,000 i
a 8.85% duc 1994 20,000 6.707 due 1997 20,000 7.90M due 2007 40,000 8.70W due 199i 20,000 747 due 1998 8,000 7%9 due 2009 6,300 j
4%9 due 1994 14.317 7!W due1998 24,191 7.107 due 2015 12,200 8.65% duc 1994 20,OtK) 8%W due 1999 8,022 10%% due 2018 100,000 i
4%4 due 1995 17,430 8%% due 2001 32,887 10%% due 2019 -
125,000 1
8I+1% due 1995 5,000 8 9 due2001 24,093 9.20% due 2021 50,00()
f 8.707 due 1995 25,000 9 W due 2002 50,000 8.324 due2022 40,000 6%W due 1996 25,701 8 7 due2002 23,569 8.55% due 2022 30,000 I
6 9 due 1997 10,000 8%W due2003 48,151 8.82% duc2022 12.000 f
6%W due 1997 25.874 7%% due 2004 160,tK)0 8.854 due 2022 38,000 l
Current maturities (14,477)
$ 1,115,738 i
Otl.,r long-term debt (net of $8 due within one years 3,084 (1,892)
Unamortized net diwount on long-term debt 1,116,930 3
Total i
Metropolitan Edison Company:
First mortgage bonds - series as noted:
4%4 due 1995 512,000 8%W due 1999
$25,000 9 4 due2006
$50,000 10%Q due 1995 28,500 9.489 due 2(KK) 20,000 8%W due 2007 35,000 5%W duc 1996 15,000 7?VX duc 2001 15,000 6 W due 2008 8,700 9%9 due 1997 2(1,(10 0 7%W due 2602 26,000 9 % due 2008 50,0f M) 7.479 duc 1997 20,000 8%W due 2003 20,000 8I,04 duc 2022 30,000 7 % due1998 26,000 9W/5 dur 2003 30,000 8.80N due 2022 30,000
)
7.054 due 1999 30,000 Current maturities 491,200 Other long-term debt (net of $15 due within one yeari 6,168 Unamortized net discount on long-rerm debt (928) l Tool 496,i10 1
Pennsylvania Electric Company:
First mortgage bonds - series as noted.
1' 9.359 due 1994 540,000 8 9 due1999
$28,000 7.407 due 2003
$10,000 4%'i due 1994 20.000 8.72% due 1999 30,000 7A87 due 2001 40,000 j
8.50% due 1991 30,000 8.707 due 2001 30,000
'MW due 2006 12,000 7A57 due 1996 30,000 7%7 due 2001 30,000 8.057 due 2006 10,000 4
6%% due 1996 25.000 7.92% due 2002 10,000 6%7 due 2007 16,420 6.807 dut i66 20,000 7.437 due 2002 30,000 8%7 due 2015 20,000 (a) i I
6%7 due 3997 26,(KK) 7A07 due 2002 10,000 6%7 due 2016 25,000 (a) 6%7 dur 1998 38,000 8%W due 2003 30,000 8.33% due2022 20,000 Current maturities 580,420 Other long term debt (net of 57 due within one year, 3,084 Unamortized ner dinount on long-term d(bt (857)
Total 582,647
)
GPU Service Corporation:
Term note (net of $11,500 due within one year) (rate at year-end 3.68759 )
10.879 secured notes due 2001 (net of $3,200 due within one year) 25,600 To:al 25,600 System Tr.ral
$ 2,221,617 (a) EfTective as of anypne 1 or thernber 1, the interest rate may be u>nvened, at the trption of the registeral imider thereof, to a variable rate.
18
General Pubhc 1%hiics Corporeum and Ad5>Jary Comywnn Cumulative Preferred Stock of Subsidiary Companies Shares Shares Call fin Thousands)
Dnember 31,1992 Authorimi Outstanding Pric e Stated Value Jersey Central Power & Light Company:
Cumulative preferred stock (a) 15 />00,000 4 9 Series 125,000
$106.50
$ 12,500 8.129 Series 250,000 103.53 25,000 l
8 W Series 250,00()
103.41 25,000 7.889 Series E 250,000 103.65 25,000 8.487 Series I 500,000 (b) 50.000 I
8.65W SeriesJ 500,000 (c) 50,000
)
7.52G. Senes K 500,000 (c) 50,000 237,500 Premium on cumulative preferred stoc.k 377 Total 237,877 Metropolitan Edison Company:
i Cumulative preferred stoc k ta) 10,0(K) 000 I
3.907 5eries 117,729
$105.63 11,773 j
4,357 Senes 33,249 104.25 3,325 3.85"Y Series 29,175 104.00 2,917 3.80W Series 18.122 104.70 1,812 4.459 Series 35,637 104.25 3,564 8.127 Series 160,000 103.53 16,000
'.687 Series G 350,000 103.64 35,000 8.327 Series 11 250,000 104.08 25,000 8.122 Series 1 250,000 103.53 25,000 8.329 SeriesJ 150.000 103.54 15,000
[
139,391 l
Premium on cumularise preferred stock 483
}'
Total 139,874 i
Pennsyltrania Electric Cornpany:
Cumulative preferred stock (a) 11.435,000 4.40% Series B 56,810
$108.25 5,681 3.704 Series C 97,054 105.00 9,705 i
4.05T Series D 63,696 104.53 6,370 I
4.70% Series E 28,739 105.25 2,874
(
4.507 Series F 42,969 104.27 4,297 4f>07 Series G 75,732 101.25 7,573 8.369 Series li 250,000 104.09 25,000 l
8.12W Series 1 25C,000 103.53 25,000 i
86,500 Premium on cumulative prefened stoc k 423 Total 86,923 System Total
$464,674 (a) No par value - no mandatory redemption provisions (except as noted).
(b) The 8.48W series is not cat able and is to be redeemed ratably over five years beginning in 1996.
l (c) The 8.65% senes and 7.529 series are callable at various prkes above their stated values beginning in the years 2000 and 2002, respntively. The 8.657 serics is to be redeemed ratably over six years beginning in the year 2000. The 7.52W series is to be redeemed I
ratably over twenty years tx ginning in the year 1998.
f t
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1
General Pubia Uobten Girporanon arul Sul,uduiry Gurigwivues Consolidating Statement of Income The Corporation Ehminations and Subsidiaries and The For The Year Ended December 31,1992 (in Thousands)
Consolidated Adiust ments Corporation Operating Revenues
$3,434,153
$ 68,753 Equity m Earnings of Subsidianes 256,841
$257.419 Services Rendered at Cost to Afilhated Companies 524,403 Operating Expenses:
I uel 356,230 Power purchased and interchanged:
Afiiliates 50,274 Others 900,504 1,140 Deferral of energy costs, net 40,175 Other operation and maintenance 856,773 511,186 4,217 Depreciation and amortnation 339,721 4,105 Taxes, other than income taxes 328,307 15,129 Total operating expenses 2,821,710 581,834 4,217 Operating income Be': ore income Taxes 612,443 268.163
'253,202 Inmme taxes 162,166 3.122
[
Operating inccme 450,277 265,041 253,202
[
l Other incorne and Deductions:
Allowance for other funds used during constructmn 5,606 Ot her ina,me, net 30,503 0,314) 73 income taxes (11,7s2) 2,067 I
Total other income and deducnons 24,347 (3,247) 73 income Before Interest Charges and Preferred Dividends 474,624 261,791 253,275 Interest Charges and Preferred Dividends:
i Interest on long-term debt 174,439 3,737 Other interest 18,966 638 1,639 Allowance for borrowed funds used during construction (6,974) l Preferred stock dividends of subsidiaries 36,557 (36,557)
Total interes. charges and preferred dividends 222,988 (32,182) 1,639 l
l Net income
$ 251,636
$293,976
$251,636 t
Gener.a Paux Unhon G,rporanon and subsular> G rnpan,es L
Consolidating Statement of Retained Earnings The Corporation Eliminations I
and Subsidiaries and The For The Year Ended December 31,1992 (In Thousands)
Consolidated Ad;ustments Corporation =r Dalance at beginning of year
$1,644,249
$ 1,020,029
$1,644,249 Add - Net income 251,636 293,976 251,636 i
Deduct - Cash dividends declared on common stot k 177,308 180,000 177,308 i
Cash dividends on cumulative preferred stock 36,557 Orher adjustments
..,381 2,381 2,381 Calance at end of year
$ 1,716,196
$1,095.067
$1,716,196 t
f' 20
' General Pubhc Utibries Corporcion and sum &ary Cornpanies General Portfolios GPU Service GPU Nuclear Jersey Central Power Metropolitan Edison Pennsylvania Electric Corporation Corporation Corporation
& Light Company Company Company
$ 10,675
$1,774,071
$821,823
$896,337 (578)
$ 115,370
$409.033 I
84,851 92,851 178,528 24,281 10,915 15,078 616,418 171,893 113,333 I
4,232 35,987 (44) 4,838 101,564 398,120 424,285 208,756 226,179 156 3,949 167,022 88,472 84,227 5,856 9,273 215,507 51,623 61,177' 4,994 111,369 407,393 1,536,596 660,497 678,478 i
5,103 4,001 1,640 237,475 161.326 217,859
[
{
2,067 129 926 43,621 47,994 70,551 3,036 3,872 714 193,854 113,332 147,30S j
i i
4,015 1,591 767 317 (537) 21,519 3,229 (179)
(8,268)
(1,421)
(6) 767 317 (537) 17,266 3.399 (185) l t
3,803 4,189 177 211,120 116,731 147,123 l
1 3,737 92,942 38,882 42,615 9
452 177 4,873 6,039 6,415 f
l (4,056)
(1,267)
(1,651) l l
l 9
4,189 177 93,759 43,654 47,379
{
$ 3,794
~
$ 117,361
$ 73,077
$ 99,744 t
I i
General
!%rtfolio:
GPU Senice GPU Nuclear Jersey Central Power Metropolitan Edison Pennsylvania Electric
(
Corporation Corporation Corporation
& Light Company Company Company
)
r I
$(14,677)
$ 580,523
$164,781
$289,402 3,794 117,361 73,07'i 99,744
)
30,000 45,000 105,000 I
20,604 10,289 5,664
{
2,381 i
$(10,883)
$644,899
$182,569
$ 278,482
(
21 i
i
General Putdir l'aihties Corporatnen and Subsidiary Cornpanies Consolidating Balance Sheet The Corporation Eliminations and Subsidiaries and The December 31,1992 (In Thousands)
Consohdated Adjustments Corporation i
ASSETS Utility Plant:
In service, at original cost
$7,961,433 Less, accumulated depreciation 2,717,394 Net utility plant in service 5,244,039 i
Construction work in progress 314,756 Property under capital leases, ner 192,883 Other 77,216 Net utility plant 5,828,894
?
i Common Stock of Subsidiaries
$2,459.952
$2,459,952 Current Assets:
Cash and temporary cash investments 10,390 Special deposits 13,444 Accounts receivable:
Customers, net 226,819 Orher 54,860 85,724 3
Unbilled r:senues 108,415 Materials and supplies, at average (ost or less:
Construction and meintenante 187.925 fuel 71,635 Deferred income taxes 81,302 Prepayments 36,931 2.176 5
Total current assets 791,721 87,900 8
Deferred Debits and Other Assets:
Net imestment in Three Mile Island Unit 2 352,236 Unamortized property losses 105,476 Deferred income taxes 152,189 Decommissiorung funds 126,273 Invest mentr, 41,195 2,939 Other 325,371 Total deferred debits and orher assets 1,102,740 2,939 Total Assets
$7,723,355
$2,547,852
$ 2,462.899 i
r 1
22
m General Pul> tic Uraties Cnrpiranon and Salwidary Companies General Portfolios GPU Service GPU Nuclear Jersey Central Power Metropolitan Edison Pennsylvania Elearic Corporation Corporation Corporation A Light Cornpany Company Cornpany
$78,063 37
$3,692,318
$ 1,881,192
$2,309,823 27,738 1,262,562 590,564 836,530 50,325 37 2.429,756 1,290,628 1,473,293 178,902 81,598 54,256 15,481 111,976 38,516 26,910 l
45.256 19,655 12,305 65,806 37 2.765,890 1,430,397 1.566,764
$ 8,903 43 61 140 584 659 85 472 8,190 1,233 3,464 l
117,755 51,622 57,442 i
1,393 7,063 76,512 26,401 19,910 9.302 I
53,588 25,698 29,129 r
101,!87 37,877 48,861 l
23,576 15,671 32,388 34 57,327 18,598 5,343 i
64 1,163 547 29,727 3,415 4,186 10,394 8.354 77,592 417,891 174,608 190,774 t
148,912 128,665 74,659 101,442 2,686 1,343 1.087 7,203 11,163 59.599 43,124 30,013 114,650 7,273 4,350 16,498 5,725 176 5,219 7,446 3,192 7,605 1,073 1,310 265,918 17,490 31,975 25,190 14,001 12,649 695,740 206,684 145,537 S35,584 588,161
$90,278
$3.879,521 (l,811.689
$1,903,075 1
l l
l
,1 l
23 l
~.
t General Public Utabcies Corprerarmn and Subsidiary Companies l
Consolidating Balance Sheet f
The Corporation Eliminations and Subsidiaries and The December 31,1992 (In Thous.nds)
Consolidated Adjustments Corporation LIABILITIES AND CAPITAL Capitalization:
i Common stock
$ 31-1,458
$- 325,998
$ 314,458
?
I Capital surplus 605,015 1,038,842 605,o15 Retained earnings 1,716,196 1,095,067-1,716.196 Total 2,635,669 2,459,907 2,635,669 Less, reacquired common stock, at cost 256,334 256,334 l
Total common stockholders' equity 2,379,335 2,459,907 2,379,335 Cumulative preferred stock:
With mandatory redemption 150,000 Without mandatory redemption 314,674 l
Long-term debt 2,221,617 i
Total capitalization 5,065.626 2,459,907 2,379,335 l
i l
Current Liabilities:
l l
Debt due within one year 29,207 Notes payable 101,423 35,700 Obligations under capital leases 168,789 j
Accounts payable 290,592 81,020 509 l
l Taxes accrued 149,211 6,879 1
j l
Deferred energy credits 32,528 Interest accrued 65,608 143 i
Other 186.162 46,544 Total current liabilities 1,023,520 87,899 82,897 l
1 Deferred Credits and Other Liabilities:
Deferred income taxes 789,298 Unamortired investment tax credits 182,526 l
Three Mile Island Unit 2 future costs 320,000 Obligations under capital leases 24,094
)
Other 318,291 46 667 I
Total deferred credits and other liabilities 1,634,209 46 667 t
Total Liabilities and Capital
$7,723,355
$ 2,547,852
$2,462,899 t
i P
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+
,.-m+
- + - -
l, m
General Pubhc Utdines Caqururum am! Subu&ary Comparues General Portfolios GPU Senice GPU Nuclear Jersey Central Power Metropolitan Edison Pennsylvania Electric Corporation Corporation Corporation a Light Company Com;uny Company 100 50 50
$ 153,713
$ 66,273
$ 105,812 42,117 435,715 295,524 265,486 (10,883) 644,899 182,569 278,482 31,334 50 50 1.234,327 544,366 649,780 31,334 50 50 1,234,327 544,366 649,780 150,000
)
87,877 139,874 86,923 25,600 1,116,930 496,440 582,647
)
31,334 25,650 50 2.589,134 1,180,680 1,319,350 14,700 14,485 15 7
5,700 11,800 48,223 6,366 107,331 35,873 19,219 961 5,953 69,163 154.284 68,702 72,040 62 387 175 127,406 18,925 9,134 1,257 24,019 7,252 938 202 33.294 18,046 12,985 371 14,519 16,861 53,967 31,420 22,480 l
1,394 42,863 86,401 497,724 208,800 191,340 i
779 3.071 336 417,774 151,450 215,888 86,021 40,995 55,510 i
80,000 160,000 80,000 i
l 9.115 4.645 2,643 7,691 l
2,077 7,462 3,491 204.223 67,121 33,296 3'
2,856 19,648 3,827 792 663 422,209 392.385
$35,584
$88,161
$90,278
$3,879,521
$1,811,689
$ 1,903,075 i
i I
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i J
=
.~
I l
i General Pubhc Uribnes Corporation and Subudary Comparnes Consolidating Statement of Cash Flows The Corporation Eliminations and Subsidiaries and The For The Year Ended December 31,1992 (In Thousands)
Consolidated Adiustments Corporation s
j Operating Activities:
Income before preferred dividends of subsidiaries
$ 288,193
$ 257,419
$ 251,636 Adjustments to reconcile income to cash provided:
a Equity in earnings of subsidiaries (257,419)
(257,419) l Depreciation and amortization 340.138 Amortization of property under capital leases 67,820 i
Nuclear outage maintenance costs, net 16,736 j
Deferred income taxes and investment J
tax credits, net 8,720 l
Deferred energy costs, net 40,989 Accretion income (20,500) l Allowance for other funds used during j
construction (5,606)
Changes in workmg capital:
Receivables 23,546 3,491
[
Materials and supplies (1,780) j Special deposits and prepayments (852)
(2,142)
Payables and accrued liabilities (47,039)
(1,349) 120 j
Due to/from affiliates (283)
Other, net (23,766) 1.240 J
l Net cash provided (required) by operatmg activities 686,599 (4,706) 1 i
investing Activities:
]
Cash construction expenditures (460,073)
Contributions to decommissioning trust (22,714)
Other, net (26,368)
(755)
Net cash used for investing activities (509,155)
(755) l Financing Activities:
increase in long-term debt 585,954 l
Increase (decrease)in notes payable, net (87,776) 3,400 Retirement oflong-term debt (387,029)
Capital lease principal payments (70,440)
Issuance of preferred stock of subsidiaries 50,000 Redemption of preferred stock of subsidiaries
($1,635)
{
Dividends paid on tommon stock (174,538)
(174,538)
Dividends paid on preferred stock of subsidiaries (36,711)
Dividends paid on common stock - Internal 180,000 d
Capital stock paid-in capital (3,550)
Net cash provided (required) by financing activities (172,175) 5,312 Net increase (decrease) in cash and temporary cash investments from above activities 5,269 (149)
Cash and temporary cash investments, beginning of year 5,121 149 Cash and temporary cash investments, end af year
$ 10.390 Supplemental Disclosure:
Interest paid (ner of amount capitalized)
$ 200,640 1,503 Income taxes paid
$ 184,062 i
New capital lease obligations incurrni
$ 48,087 Common stock dividends declared but not paid
$ 44,327
$ 44,327 26
--m 1:
. = - ~ -. _..
General Pubhc Utdaws Corporaten and Subudary Companes General Portfolios GPU 5ervice GPU Nuclear Jersey Central Power Metropolitan Edison Pennsylvania Electric Corporation Corporation Corporation
& Light Company Company Company
$ 3,794
$ 117,361
$ 73,077
$ 99,744 156
$ 3,949 177,245 80,357 78,431 7,406 35,137 16,051 9,226 9,144 5,060 2,532 2,187 (1.331)
$ (766) 14,630 (16,376) 10,376 4,135 35,987 867 (15,400)
(3,500)
(1,600)
(4,015)
(1,591) 1,803 1,249 4,500 931 6.181 12,370 (2,737)
(942) 1,899 1,389 (334)
(217)
(12,818) 2,220 6,766 431 594 13,472 (l3,672)
(21,718)
(27,615) 15 1,633 (19,693) 9,985 3,886 4,457 836 1,683 363 (22,682)
(1,300)
(3,906) 10,611 14,849 (2,341) 297,247 177.392 193,547 (2,269) 2,340 (218,874)
(130,641)
(110,629)
(19,008)
(2,567)
(1,139)
(8,279)
(1,483)
(l5,660)
(191) i (8,279)
(3,752) 2,340 (253,542)
(133,208)
(l11,959) j 367,396 109,270 109,288 (38,100)
(56,569) 3,493 5
(3,691)
(282,717)
(25,414)
(75,207)
(7,406)
(38,029)
(l6,574)
(8,431) 50,000 l
(51,635) j (20,758)
(l0.289)
(5,664)
(30,000)
(45,000)
(105,000) 3,550 3.550 (11,097)
(43,843)
(44,576)
(81,521) l i
l 5,882 (1)
(138)
(392) 67 3,021 43 62 278 976 592
$ 8,903 43 61 140 584 659 t
I
$ 5,478
$ 177
$ 103,845
$ 43,267
$ 46,370 t
3 (74)
$ 1336
$1,358
$ 51,714
$ 63,966
$ 65,762 i
$ 5,374
$ 35,617
$ 3,998
$ 3,098 j
27 l
\\..
l General Public Utmtws Corpnaoon and $ubsi&ary Comparues Directors James R. Leva' Thomas B. Hagen'"
Catherine A. ReinW
' Member of Audit Elected 1992 Elected 1988 Elected 1989 Committee Chairman, President and Chairman and Executive Vice Presidt nr 2 Member of Personnel Chief Executive 05cer Chief Executive 05cer Metropolitan Life Insurance Co.
and Compensation i
General Public Utihties Erie Insurance Group New York, NY Committee Coiporation Ene, P A (Diversified Fmancial Services)
' Member of i
Paruppany, NJ (Property:Casualry and Life Paul R. Roedel' Ad Committee
- " "E insurance)
Louis J. Appell, Jr.'d3 Elected 1979 Elected 1973 Henry F. Henderson, Jr.2r Director, Retired Chairman and dP 1 i
President and Elected 1989 Chief Executive 05cer bilities Committee Chief Executive Oriicer President and Carpenter Technology Corp.
, Term Expires 1993 Susquehanna P.altzgrarTCo.
Chief Executive 05cer Reading, PA York, PA H.F. Henderson Indust ries (Specialty Metals)
' Term Expires 1994 (Communications and Consumer West Caldwell, NJ Carlisle A. H. Trostue Term Expires 1995
?
Products)
(Engmeered Systems for g
""***"'""'*'I' Donald J. Bainton"3 Admiral, USN (Ret.), former Elected 1982 William G. Kuhns243 Chief of Naval Operations Chairman and Elected 1967 Potomac. MD j
l Chief Executise 0$cer Retired Chairman, President and Dr. Patricia K. Woolf d*
t Contmental Can Co Inc.
Chief Executive 05cer
"** I98 Syosset, NY General Public Utihties "I'** *
(Holdmg Company for Businesses Corporation an Author s
in Engineermg and Packaging)
Parsippany, NJ Princeron, NJ Theodore H. Black'2' John M. PietruskiW l
Elected 1988 Elected 1989 Chairman of the Board and President Dansara Co.
Chief Executive 05cer Retired Chairman of the Board Ingersoll-Rand Co.
and Chief Executive 05cer Woodchff Lake, NJ Sterling Drug Inc.
(Industrial Machmery and New York, NY Equipment)
(Pharmaceutical and Household Producto r
l i
Officers General Public Utilities Corporation Presidents of Subsidiarv Companies L
James R. Leva F. Allen Donofrio Dennis Baldassari Philip R. Clark Chairman, President and Vice President and Jersey Central Power & Light GPU Nuclear Chief Executive 05cer Comptroller Company Corporation fra H. Jolles Don W. Myers Fred D. Hafer John G. Graham L
Senior Vue President and Vice President and Metropolitan Edison General Portfolios General Counsel Treasurer Company Corjoration i
John G. Graham Mary A. Natewako Robert L. Wise Bruce L. Levy Senior Vice President and Secretary Pennsylvania Electric Energy Imtiatives, Inc.
Chief Financial 05cer
- P""I Sharon K. Cepeda Assistant Secretary l
l 28 r
1 Ceneral Public Utilities Corporation j
100 Interpace Parkway
'i Parsippany, New Jersey 07054-1149 (201) 263-6500 l
1 i
N r
i I
l l
l l
UNIf0RM STATISTICAL REPORT - YEAR ENDED DECENEER 31, 1992 f
i (To American Gas Association, Edison Electric Ira titute and F8nancial Analysts) l l
Placas sthmit the required pages to the American Gas Association arvV or the Edison Electric Institute for use in i
conciling statistics p@lished in AGA's " Gas Facts" and eel's #Stotistical Yearbook".
Also furnish a copy of the Conpany's Annual Report to Stockholders with the U",A or as soon as lhe Annual Report becomes available.
l All energy and dollar amomts should be reported in thousands. Because this report is frequently used in conjunction l
with the Company's Annual Report to Stockholders, the data included herein should agree with the conparable I
fr. formation in such Annust Report.
To assure accuracy and consistency, runerous crossties and footnotes have been j
appended to the schedules so that statistics for the same ites shown on more than one schedule will be identical.
t l
l kame and Adrfress of Company i
I i
GENERAL PUBLIC UTILITIES CORPORAT!0N l
AND ftJaSIDIART COMPANIES 100 INTERPACE PARGdAY Pa.D$1PPANY, NEW JERSEY 07054-1149 List Affiliated Conpanies, Indicate Relationship (Parent, Subsidiary, Associate, etc.) and identify Nature of Business GENERAL PUBLIC UTILITIES CORPORATION GENERAL PORTFDLIOS CORPORATION (SUBSIDIARY) (NONUTILITY BUSINESS)
GPU SERVICE CORPORATION (SUBSIDIARY)
GPU NUCLEAR CORPORATION (SUBSIDIARY)
JERSEY CENTRAL POWER & LIGHT COMPANY (SUBSIDIARY)
METROPOLITAN EDISON COMPANY (SLSSIDIARY)
PENNSYLVANIA ELECTRIC COMPANY (SUBSIDIARY) i l
l l
l l
i l
Individual FurnishinB Information Name Paulette R. Chatman Title Assistant Comptroller. GPUSC Telephone No.
(201) 263-6339 Authorizer Peutette R. Chatman April 15, 1993 Date This Report Released THIS REPORT HAS BEEN PREPARED FOR THE PURPOSE OF PROVIDING GENERAL AND STATISTICAL INFORMATION CONCERN]NG THE CGMPANY AND NOT IN CONNECTION WITH ANY SALE, OFFER FOR SALE OR SOLICITATION OF AN OFFER TO BUT ANY SECURITIES.
-v o
tw
I UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 Company GENERAL PUBLIC UTILITIES CORPORATION AND SUBSIDI ARY CONDANIES TABLE OF CONTENTS ELECTRIC Page Schedule GECERAL STATISTICS.................................
1 3
Operating Revenues by State and Jurisdiction Subsidiaries and Leased Conpanies included in Operating Income Utility Systems Acquired, Sold or Otherwise Disposed of Changes in ConsuLriities Served Population and Square Miles of Territory Served FINANCI AL AND ACCOUNTING STATISTICS i
Statements of Income, Retained Earnings, and Miscellaneous Financial Statistics......
2 II l
Notes to Statements of Income and Retained Earnings....................
3 l
Functional Details of Operation and Maintenance Expenses.................
5 IV Taxes...........................................
6 V
Balance Sheet.......................................
7 VI Detalt of Capital Stock and Long Tern Debt Outstanding by Issues.............
7a V!a Notes to Balance Sheet..................................
8 VII Ut i l i ty P l ant by F unct i onal Acc ount s...........................
9 VIII Not es t o Ut i l i ty P l ant by F unct i ona l Acc ount s.......................
10 IX Additions and Retirements to utility Plant-Current Year..................
10 X
New Securities !ssued During the Year...........................
11 XI Statenent of Cash Flows..................................
12 x!!
EMPLOYEE DATA.........................................
13 XIII N m r of Euployees Salaries and Wages Pensions and Benefits OPERAT!hG STATISTICS-ELECTRIC Classification of Energy Sales, Revenues and Customers..................
E-14 XIV Ctessification of Ir& atrial (or Large Light and Power) Energy Sales and Revenues.....
E-15 xV Source and Di sposition of Energy...............
E-16 XVI Maximm Demands and Net Capability at Time of Company Peaks-Calendar Year.........
E-17 XVII GENERATING STATION STATISTICS ELECTRIC Genera t i ng S t a t i on S t a t i s t i cs...............................
E 18 KV111 F ue l Consumed f or Generat i on...............................
E-19 XIX Efficiency of steam Generating units...........................
E-19 KX i
Changes i n Gener a t i ng Uni t s................................
E-20 xxl Q1LES OF ELECTRIC L!nE AND OTHER PHYSICAL DATA.........................
E-21 xxtl Transmission Distribution
$ @ stations and Line Transformers i
5
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PAGE 1 UNIFDRM STATIST] CAL REPORT YEAR ENDED DECEMBER 31, 1992 PAGE 1 Company GEhERAL PUBLIC UTILITIES CORPORATION AND SUBSIDIARY COMPANIES SCHEDULE l-GENERAL STAT!STICS
- 1. Report information for states in which Comany operates: (If more space is needed please submit additional page.)
Percent of Percent of Operating Revenues Operating Revenues from Sales cf Energy from Sales of Energy Subject Subject to Rate Regulation (b)
State (s) to Rate Regulation (s)
States (s)
FERC 6
New Jersey 52 %
SD %
2%
Pennsylvania 48 %
45 %
3%
j E
l (a) The amounts in this coltan should add to 100%.
(b) The sum of State and FERC percentages on each line should add to 100%.
- 2. Rame(s) of subsidiaries and leased comanies included in Operating Income, Line 11, Schedule II, Pope 2 of report: (If dats are included for less than a full year, please indicate.)
i GPU Service Corporation (
.............................."GPUSC".)...............................................................................
g GPU Nuclear Corporation ( GPUN )
Jersey Central Power & Light Co g eny ( JCP&L")
Metropolitan Edison Company ( Met-Ed )
Pennsylvania Electric Conpany (
...................................."Penelec"..).......................................................................
- 3. Utility systema acquired, sold or otherwise disposed of: (Indicate the period for which these seguisitions or sales are reflected in this report.)
ACQUIRED DURING YEAR SOLD OR CTHERWISE DISPOSED OF DURING YEAR Name of System & Date
- of Customers Name of System & Date
- of Customers None None
- 4. Changes in Connunities Served at Retail only (identify separately as Electric or Ges):
ComuulTIES ADDED DURING YEAR Nwt>er of Customers Name of Community & State Previously Served by Affected i
l 1
None l
i f
COW UNITIES TRANSFERRED OR LOST DURING YEAR Nwtaer of Cus t omers Name of Commmity & State Now served by Affected None
- 5. Population and s w are Miles of Territory served:
POPULATION SERVED
$QUARE MILES OF TERRITORY SERVED Electric Gas Electric Gas 6
I Ratall.......... 1,1, 4,679,5D6 24,145 Estimated as of......
12/31/92 12/31/92 i
j
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PACE 2 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PA;E 2 i
Company GENERAL PUBLIC UTILITIES CORPORATION AND SUBSIDI ARY COMPANIES 4
SCHEDULE !!-STATEMENTS OF INCOME AND RETA!hED EARNINGS (Thousands of S) j j
4 FOR NOTES-SEE SCHEDULE It! PAGES 3 & 4 j
INCOME TOTAL ELECTRIC GAS WATER t
- 1. Operating Revenues (a)...
2,1,
$3,434,153
$3,434,153 Operating Expenses:
2.
Operation (b).
2,2, 1,902,524 1,902,524 3.
Ma i nt enanc e....................
2,3 251,158 251,158 4.
D epr ec i at i on...................
2,4, 278,599 278,587 s12 5.
D epl e t i on.....................
2.5, 6.
Amort. Charged to operation (c).
2,5, 61,122 61,122 1
7.
Property Losses Charged To operation.......
2,7, 8.
Taxes (d).
2,8, 490,473 490,478 (5) 9.
2,9,
- 10. Total Operating Expenses.............
2,10, 2,983,876 2,953,869 7
- 11. Opera t i ng I ncome.................
2,11, 450,277 450,254 (7)
- 12. Other operating Income (e).
2,12,
- 13. Total operating income..............
2,13, 450,277 450,254 (7)
- 14. Allow. for Other Funds Used During Constr(f)...
2,14, 5,606 ---------------------------------------------
- 15. Other Income Less Ceductions - Net (c)(e).....
2,15, 18,741 Miscettaneous Financial Statistics 16.
2,16,
- 17. M i nor i ty I nt erest.................
2,17, l2,39,l 5
2.27 Earnings per share based on 110,139,719
- 18. Income Bef ore Interest Charges..........
2,18, 474,624 Interest Charges:
average number of shares 19.
Interest on t.ong-ters Debt (s).
2,19, 174,439 outstanding during year.
20.
Interest on Short-Ters Debt...........
2,20, 6,102 21.
Amort. of Debt Disc. EKp. and Pres.(Net).
2,21, 1,782 q
22.
Other Interest Expense.............
2,22, 11,082 l
23.
Allow, for Borrowed Funds used Book value Durire Constr.-Credit (f).
2,23, 6,974 l2,40,l per share:
S 21.46 1
- 24. Net Interest Charges...............
2,24, 186,431
- 25. Income Bef ore Ext. Items and Cumulative Ef fects..
2,25, 258,193
- 26. Ext. Items and Cumulative Ef fects (Net)(e).
2,26, l2,41,l Market value: Ni S 27.875 Lo S 24.250
- 27. Net Income Bef ore Pfd Dividends..........
2,27, 288,193 Close S 27.625
- 28. Pf d and Pf c Divioend Requirement (g)........
2,28, 36,557
- 29. Ne t I ncome Ava l t abl e f or Common S t ock.......
2,29, 251,636 l2,42,l Return on average common equity 10.7 %
- 30. Consnon D ivioends.................
2,30, 177,308
- 31. N et I nc ome A f t er D i vi denda............
2,31, S74,328 ouarterly divioends paid per share:
2,43, 1st qtr.
S 0.3 75 2,44, 2nd qtr.
0.400 RETAINED EARNINGS 2,45, 3rd qtr.
0.400 2,46, 4th qtr.
0.400
- 32. Ba l ance, J anuary 1................
2,32,
$1,644,249
- 33. Net Income (Line 27).............
2,33, 288,193 Tear S
1.5 75
- 34. Pfd ano Pfc Dividends Declared..........
2,34, 36,557
=
i
- 35. Common Dividends Doctared-Cash..........
2,35, 177,308
- 36. Common Dividende Declared-Other(h)........
2,36, securities and Exchange Comission
- 37. Adj us tment s( l )..................
2,37, (2,381)
Ratio of Earnings to Fixed Charges
- 38. B a l anc e, D ec ember 31...............
2,38,
$1,716,196 2,47, including AFUDC 2,48, Excluding AFUDC
.....=======
- See Individual Sealdlary 1992 USR's.
1 I
t 4
...e.........................................................eee....e..........................*........................*
PAGE 3 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PAGE 3 Cor@any
- GEkERAL PUBLIC UTILITIES CORPORATION AND SUBS!D' ARY COMPANIES SCHEDULE III-NOTES TO $TATEMENTS OF INCOME AND RETAINED EARNINGS (Thousands of 5)
INCOME-SCHEDULE 11-PAGE 2 (a) Indicate retail (R) and/or wholesale (W) Jurisdictional increases / decreases in revenues over the prior year resulting from base rate increases / decreases granted and/or billed:
Electric Gas Amount Amount Effective Included in Ef f ective incluoed in Jurisdicti on Date Annualized Current Year Jurisdiction Date Annualized Current Year See Individual Stbsidiary 1992 USR's.
20ts: Amounts collected on an interim besla should be shown as a rate increase in the year authorized and not as a part of the total increase granted with the final rate order.
(b) Operating Expenses-operation includest significant amount of rents 5
for See Individual s@aidiary 1992 USR's.
S for for S
for S
for (c) Amortization of Plant Acquisition Adjustments included on Lines 6 and 15, Page 2.
Electric S 71 Cas S Other S (d) See Schedule V-page 6 for detsit of taxes.
(a) Datail major items and amomts and att income taxes included in:
Other Operating income (Includ N) Income Taxes of S
}
l 1
None f
(
l i
Othzr Income Less Daductions Net (Including Income Taxes of S 11,762 )
(If net merchandising included, give amount) i l
]
see Individual $ 4sidiary 1992 Ust
.......................................'s.
Extraordinary Itama and Ctmulative Effects (Including Income taxes of S
)
None
...........ee................e........e...............................e.ee.e.e...................e...e.e.................e.....
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PAGE 4 UNIFDRM STATISTICAL REPDRT - YEAR ENDED DECEMBER 31, 1992 PAGE 4 i
]
Company GENERAL PUBLIC UTILITIES CORPORATIDN AND SUBSIDIARY COMPANIES SCHEDULE Ill.WOTES TO STATEMENTS OF INCOME AND RETA!hED EARNINGS (Thousands of 5)
(continued)
J (f) Give cescription of method used to determine Allowance for Funds Used During Construction (Including rate applied, j
gross vs. net cf tan method, type of construction or size of job covered, ard period of time used to excluoe jobs of short duration).
9 4
a See Individual Subsidiary 1992 USR's.
)
J, l
d (g) Annual interest and Preferred and Preference Dividend Reg.lirement calculated on amomts(Inclucing due within 1 year) outstanding at Dec 31.
Long-Term Debt 5 182,306 ; Preferred and Preference Stock
- 34,775 RETAINED EARWINGS-SCHEDULE II.PAGE 2 i
I (h) Details of Common Dividends Declared-Other than Cash hone i
i i
l (1) Details of major items and amounts included in Adjustments to Retained Earnings I
i Represents expemes related to the redwtion of preferred stock over values in the I
aggregate amount of $(2,381) by JCP&L.
)
j i
NOTES & REMARKS:
a 4
l 1
J d
i I,
h i
1 I
J l
l r
..._._m FACE 5 UNIFORM STATISTICAL REPORT TEAR ENDED DECEMBER 31, 1992 PAGE 5 Conpany
- GEhERAL PUBLIC UTILITIES CORPORATION AND SUBSIDIARY COMPANIES SCHEDULE IV-FUNCTIONAL DETAILS OF DPERATION AND MAINTEhANCE EXPENSES (thousands of S)
ELECTRIC CAS PRODUCTION:
Total Operation Maintenance Total Operati on Maintenance 1.
Fuelta)(b)...
4,1,
$356,230
$356,230 (c)XXXXXXXXXXX (d)xxxxxxxxxxx 2.
Purchased Power (Net)(b)..
4,2, 900,5D4 900,504 xxxxxxxxxxx xxxxxxxxxxx xxxxxxxxxxx xxxxxxxxxxx 3.
Purchased Gas (Net)(b)..
4,3, xxxxxxxxxxx xxxxxxxxxxx xxxxxxxxxxx xxxxxxxxxxx 4.
Other Prod. Expenses (b).
4,4, 401,016 236,841
$164,175 te)
(e) 5.
Total Production.....
4,5, 1,657,750 1,493,575 164,175 6.
Storage & Liquefied Natural Gas........
4,6, xxxxxxxxxxx xxxxxxxxxxx xxxxxxxxxxx 7.
T rancmi ss i on........
4,7, 36,595 25,553 11,042 8.
Distribution........
4,8, 136,950 69,122 67,828 i
9.
Cust omer Accounts......
4,9, 74,286 74,286
- 10. Cust. Service & Info....
4,10, 27,570 27,570
- 11. Sales 4,11, 2,D54 2,054 1 12. Amainistrative & General..
4,12, 218,477 210,364 8,113 I
I Total........... l4,13, $2,153,682
$1,902,524 S251,158 13.
- .*.*BEstSEEBBSE 33E333E3333 ESBSEESSSES B3333333333 BEREESEEESE BEEEESBSERES
- 14. Credit Residuals included in Line l4,14,l I
1 (a) Includes FERC System of Accounts 501,518 and 547.
(b) Includes charpes or (credits) for deferred fuel costs in Line 4
- Electric $
40,175 Gas S (c) See Note (c), Schedute x!x-Pape E.19.
l (d) Include only fuel used in the production of gas.
l (e) Include exploration and development costs of prospective gas producing fields
[4,15,l$
KOTES & REMARKS:
i 1
I l
l l
l l
i l
l i
l I
l...............................................................................................................................
t a
y PAGE 6 UNIFORM St ATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PAGE 6 Conpany GENERAL PUBLIC UTILITIES CORPORATION AND SUBSIDIARY COMPANIES SCHEDULE V TAXES (Thousands of 5)
ACCRUALS CHARGED TO:
Taxes Other Then Income Taxes:
OPERATING EXPENSES-T AXES ALL OTHER State and Locatt Total Electric Gaa Other ACCOUNTS (a) 1.
Property, Ad Valorem, etc...
5,1,
$21,162 521,158 54 542 2.
Franchise..........
5,2, 401 401 3.
Gross Receipts (1)......
5,3, 263,827 263,827 4 Capital St ock......... 5,4, 17,728 17,728 5.
Miscellaneous......... 5,5, 7,839 7,839 4, 739 6.
Total State and Local Taxes:
5,6, 310,957 310,953 4
4, 781 Miscellaneous Federal Taxes:
I 7 Payroll............ 5,7, 16,707 16,707 7,556 8.
Environmental......... 5,5, 643 643 kh3hD kh$h50 7 556 9.
Total Misc. Federal Taxes... 5,9,
- 10. Total Taxes Other Thar.
I nc ome T ax es.........
5,10, 328,307 328,303 4
12,337 Income Taxes-Current:
- 11. Federal Income Taxes..... 5,11, 127,217 127,225 (11) 32
- 12. State Income Taxes......
5,12, 35,335 35,334 1
(118)
- 13. Total Income Taxes current.. 5,13, 162,552 162,562 (10)
(S6) 4 l
4 Deferred Income Tax-Charges:
- 14. Federal............ 5,14, 285,182 285,182 11,345
- 15. State............. 5,15, 67,759 67,759 (81)
Deferred Income Tax-Credits:
- 16. Federal............ 5,16, (270,150)
(270,181) 1 (1,183)
- 17. State............. 5,17, (70,118)
(70,118)
(297) i
- 18. Investnent Tax credit Adjustment....
5,18, (13,029)
(13,029)
- 19. Total Taxes 5,19, S490,473 (b) 5490,478 (b)
(b)
($5)(b)
S22,035 (a) such as Utility Plant, other Income Dedactions, Extraordinary items, Clearing Accounta, Retained Earnings, etc.
(b) Should egaal Total of Lines 10,13,14,15,16,17 and 18 and agree with Line 8, Schedute II-Page 2.
i NOTES, REMARKS AW SUPPLEMENTAL INFORMATION (Please explain any muauet itema affecting taxes):
9 4
(1) Includes $1%,821 of New Jersey mit tax.
1 1
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I PAGE 7 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEm8ER 31,1992 PAGE 7 Conpany GENERAL PUBLIC UTILITIES CORPORATION AWD SUBS!DIART COMPANIES SCHEDULE VI BALANCE SMEET (Thousands of S) FOR NOTES-SEE SCHEDULE VII-PAGE 8 ASSETS CAPITALIZATION AND LIABILITIES Utility Plant:
CapitLtiration:
Plant in Service 1.
Electric............ 6,1, 57,960,401 37.
Common Stock (b).
6,37,
$314,458 2.
Gas............... 6,2, 38.
Reecquired common Stock......
6,38, (256,334) 3.
Common............. 6,3, 39.
Premium on Common Stock (If not l
4.
Water.............. 6,4, 1,032 in Line 40)........
6,39, 40.
Other Paid-In Capitf al....... 6,40, 605,015 l
j l
5.
Total Plant in Service......
6,5, 7,961,433 41.
Retained Earnings (c)........ 6,41, 1,716,196 l
6.
Accum. Prov. for Depr. & Amort..
6,6, 2,717,394 42.
Total Common Stock Equity...... 6,42, 2,379,335
~
7.
Construction Work in Progress 6,7, 314,756 43.
6,43, 8.
Nuc t eer Fuel........... 6,8, 58,326 44 Preferred and Preference Stock 9.
Accum. Prov. for Amort, of not subject to mandatory Nuc t eer F ue t.......... 6,9, Redemption (b)..
6,44, 314,674 10.
Property under Capital Leases, net 6,10, 192.883 45.
Preferred and Preference Stock 11.
Other, net............ 6,11, 18,890 Subject to Mandatory Redemption j
I (b)(Excl. ans. due within one I
12.
Nat Utili ty Pl ant......... 6,12, 5,828,894 yeer)...
6,45, 150,000 13.
Cis Stored Undergro md (Non-Current)..
6,13, Long-Ters Debt:(Exct. amt. due 14 6,14, within one year) 15.
Other Property and Investments 46.
Mortge9e Bonds........... 6,46, 2,187,358 1
6,47, (Net)(a) 6,15, 42,596 47.
Debentures (d).
16.
Decommissioning funds....... 6,16, 126,273 48.
Other................ 6,48, 37,936 49.
Unamortized Wet Discount...... 6,49, (3,677)
- 50. Total Lons-Ters Debt......... 6,50, 2,221,617
- 51. Total Capitalization (Exct. amt, due within one year)..
6,51, 5,065,626 Other Non-Current Liabilities:
52.
Accum. Prov. for Rate Refunds.... 6,52, 392 53.
Other (3).
6,53, 62,991 Current and Accrued Assets 17.
Cash, Spec. Dep.,Wts. Funds &
- 54. Total other Non-Current Liabilities.
6,54, 63,383 Temp. Cash Inv......... 6,17, 23,834 18.
Gss Stored undergromd (Current). 6,18, current and Accrued Liabilities:
19.
LNG Stored & Held for Processing. 6,19, 55.
Amounts Due within one yeerte)...
6,55, 29,207 20.
Not es R ec e i vabl e......... 6,20, 87 56.
Shor t-T erm D ebt ( f )......... 6,56, 101,423 21 Customer Accounts Receivebte (Net) 6,21, 226,819 57.
Accts. Payable (Exct. ans. in 22.
Receivables from Investor owned Line 58).
6,57, 290,592 E l ec. C os............ 6,22, 14,257 58.
Payables to Investor Owned 23.
Other Receivables......... 6,23, 40,516 El ect ric Cos........... 6,58, 24.
Accrued unbilled Revenues..... 6,24, 1D8,415 59.
Taxes Accrued............ 6,59, 149,211 25.
Katerials and stopties...... 6,25, 259,560 60.
Other current and Accrued 26.
Prepayments............ 6,26, 36,931 Liabilities (4).......... 6,60, 453,087 27.
Other Current and Accrued Assets. 6,27, 1
28.
Deferred Income Taxes (3)..... 6,28, 81,302
- 61. Total Current and Accrued Liabilities 6,61, 1,023,520
. 29. Total Current and Accrued Assets.. 6,29, 791,721 Deferred Credits:
62.
Accumuteted Deferred Income Taxes (g) 6,62, 789,298 Daferred Debits:
63.
Accumulated Deferred Investment Tax 30.
Unamortized Debt Expense..... 6,30, 12,117 Creditsth)............ 6,63, 182.526 31.
Extraordinary Property Losses (1). 6,31, 244,151 64 Customer Advances for construction. 6,64, 8.505 32.
Deferred Fuel costs 6,32, 65.
Other Def erred costs (5)...... 6,65, 270,497 33.
Other Deferred Debits (2)..... 6,33, 525,414 66.
TMI 2 Future costs......... 6,66, 320,000 34.
Deferred Income Tases (g).
6, 34, 152,189
- 67. Total Deferred Credits........
6,67, 1,570,826
- 35. Total Deferred Debits........ 6,35, 933,871 68.
6,68,
- 36. Total Assets............ 6,36, 57,723,355
- 69. Total Capitalization and Liabilities.
6,69, 57,723,355 1
.......e..............e..........e.....................e.e....e.............e.....................e..............***.*********
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t PAGE 7e Uh! FORM STATISTICAL REPORT. TEAR ENDED DECEMBER 31, 1992 PAGE Ta v
l Conpeny GENERAL PUBLIC UTILITIES CORPORAfl0N AND SUS $1 DIARY COMPANIES
{
t L
SCHEDULE vle-DETAIL OF CAPITIAL STOCK AND LONG TERM DEBT OUTSTANDING BY ISSUES For Stockt show rate, per value, shares and amount. List separately, amounts applicable to redesemble preferred stocks, as defined by the Securities and Exchange Conunission, other preferred stocks, and conunon stock. For Debt:
show series, rate, maturity date and amount. Gro@ by type and show totals f or each type. For esse in reporting you may include a photocopy of the Statement of Consolidated Capitalization from your Annual Report.
Amount i
Description of Issues (Thousands of $)
t See Popes 7b and 7c.
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PAGE 7b PAGE 7b j
Gewm Pai.c Uraries Corporarson and Suba.dary Cornpmues l
Leng-Term Debt of The System i
1 l Dnember 31,1992 (In Thousands)
- i Jsrssy Central Power & Light Company 4
) First mongage bonds - senes as noted:
j j
4%4 due 1993
$14,477 6.90% due 1997
$ 30,000 8.25% due 2006
$50,000 8 85% due 1994 20.000 6.70% due 1997 20,000 7.90% due 2007 40,000 j
8.70% due 1994 20,000 7%% due 1998 8,000 7%% due 2009 6.300 i
j 4S% due 1994 14,317 7%% due 1998 24,191 7.10% due 2015 12,200 1
8 65% due 1994 20,000 8%% due 1999 8,022 10%% due 2018 100.000 l
1 4h4 due 1995 17,430 8%% due 2001 32,887 10%% due 2019 125,000 l
8.64% duc 1995 5,000 8 % due 2001 24.093 9.20% due 2021 50,000 l
8.70% due 1995 25,000 9 % due 2002 50,000 8.32% due 2022 40,000 1
6%% due 1996 25,701 8 % due 2002 23,569 8.55% due 2022 30,000
}
6 % due 1997 10,000 8%% due 2003 48,154 8.82% due 2022 12,000 l
6%% due 1997 25,874 7%% due 2004 160,000 8.85% due 2022 38,000 1
Cunent marunnes (14.477)
$ 1,115,738 I
l Other long-term debt (net d $8 due within one year) 3,084 i
Unamortized net discount on long-term debt (1,892)
)
Total 1,116,930 j
f RSetropeitten Edson Canupenya 1
First mortFafe bonds - senes as noted:
4%% due 1995
$12,000 8%% due 1999
$25,000 9 % due 2006
$50,000 10%% due 1995 28,500 9.48% due 2000 20,000 SM% due 2007 35,000 s
54% due 1996 15,000 7%% due 2001 15,000 6 % due 2008 8,700 l1 9%% due 1997 20,000 7%% due 2002 26,000 9 % due 2008 50,000 l
7.47% due 1997 20,000 8%% due 2003 20,000 8.60% due 2022 30,000 i
7 % due 1998 26,000 9%e% due 2003 30,000 8.80% due 2022 30,000 7.05% due 1999 30,000 Current maturities 491,200 1
Other long-term debt (net d $15 due within one year) 6.168 2
Unamortized net discount on long-term debt (928)
Total 4 %,440 Pennsytvania Electric Company j
First mortgage bonds - senes as noted:
9.35% due 1994
$40,000 8 % due 1999
$28,000 7.40% due 2003
$10,000 4%% due 1994 20,000 8.72% due 1999 30,000 7.48% due 2004 40,000 8.50% due 1994 30,000 8.70% due 2001 30,000 7M% due 2006 12,000 7.45% due 1996 30,000 7%% due 2001 30,000 8.05% due 2006 10,000 1
6% 4 due1996 25,000 7.92% due 2002 10,000 6%% due 2007 16,420 6.80% due 1996 20,000 7.43% due 2002 30,000 8%% due 2015 20,000 (*)
6%% due 1997 26,000 7.40% due 2002 10,000 6%% due 2016 25,000 (a) 6%4 due 1998 38,000 8%% due 2003 30,000 8.33% due 2022 20,000 Current macunties 580,420 Other long-term debt (net d $7 due within one year) 3.084 i
Unamortized ner discount on long-term debt (85')
Total 582.647 thPU Servlee Carpeestions j
Term note (ner of $11,500 due within one year) (rate at year-end 3.6875%)
i 10.87% secured notes due 2001 (ner d $3.200 due within one year) 25.600 Total 25.600 System Total
$ 2,221,617 (s) Effectrve as of anyJune 1 or December 1 the interest race may be converted, at the option dthe registered holder thered, to a vanable race.
PAGE 7c PAGE 7c General Pubt.c l'ed eies Correr58'on and Suta.cLart Comparues Cumulative Preferred Stock of Subsidiary Companies Shares Shares Call (In Thousands)
December 31,1992 Authonred Outstanding Price Scared Value Jeesey Central Power & LIW Company:
Cumulative preferred stock (a) 15,600,000 4 4 5enes 125,000
$ 106.50
$ 12,500 8.12% Senes 250,000 103.53 25,000 8 % Senes 250,000 103.91 25,000
S8% Senes E 250,(,00 103.65 25,000 8.48% Senes 1 500,000 tb) 50,000 500,000 (c) 50,000 8 65% Series J
$00,000 (c) 50,000 7.52% Senes K 237,500 377 Premium on cumulative preferred stock 237.877 Total MetropoHtan Edison Company:
Cumulative preferred stock (a) 10,000,000 3.90% Senes 117,729
$105.63 11,773 4.35% Senes 33,249 104.25 3,325 3.85% Senes 29,175 104.00 2,917 3.80% Senes 18,122 104.70 1,812 4.45% Senes 35,637 104.25 3.564 7
8.12% Senes 160,000 103.53 16,000 7.68% Senes G 350,000 103.64 35,000 8.32% Senes H 250,000 104.08 25,000 8.12% Senes 1 250,000 103.53 25,000 8.32% SenesJ 150,000 103.54 15,000 139,391 483 Premium on cumulative preferred stock 139.874 Total Pennsylvania Electric C1.my Cumulative preferred stock (a) 11,435,000 4.40% Senes B 56,810
$108.25 5,681 3.70% Senes C 97,054 105.00 9,705 4 05% Senes D 63,6 %
104.53 6,370 4.70% Senes E 28,739 105.25 2,874 4.50% Senes F 42,969 104.27 4.297 4.60% Senes G 75,732 104.25 7.573 8.36% Senes H 250,000 104.09 25,000 8.12% Series !
250,000 103.53 25.000 86,500 423 Premium on cumulative preferred stock 86.923 Total
$464,674 System Total (a) No par value - no mandatory redemption provisions (except as noted).
(b) The 8.48% senes is not callable and is to be redeemed ratably over five years beginning in 1996.
- 4 (c) The 8.65% senes and 7.52% senes are callable at vanous prices above their stated values beginning in the years 2000 and 2002, respectively. The 8.65% senes is to be w&w.d. ratably over six years beginning in the year 2000. He 7.52% senes as to be red ratably over twenty yews beginning in the year 1998.
i r
PAGE 8 UNIFORM STATISTICAL REPORT. YEAR ENDED DECEMBER 31, 1992 PAGE 8 t
l Cogeny GENERAL PJBLIC UTILITIES CORPORATION AND SUBSIDIARY COMPANIES
\\
i l
l SCHEDULE VII-NCTES TO EALANCE SHEET (Thousands of $)
(a) Detait major itees and amounts including Excess Cost of Investments in $4sidiaries consolidated over Book Value at Acquisition date.
Lif e Insurance. Cash Surrender Value S17,779 Energy Initiatives, Inc. (GPC Subsidiary) Investments 12,460 i
Nonutility Property, net 6,836 Mutual Insurance Companies 3,779 t
i Special Funos and Other Investments 1, 742 (b) Number of Stockholders es of 12/31/92 : Preferred Common 51,347 other I
Prefererce (c) Am e t restricted from peyment of cash dividends on coesnan stock S None I
(d) Inctuoes convertible securities (specify) hone l
[
1 I
l (e) Long-Tern Debt S 29,207 ;
Preferred Stock Subject to Mandatory Redemption S i
Other (Describe) S (f) 7,1, Includes cosenercial Paper S 24,723.
Bank toans S 76,700.
Ces storage loans S Average short-term debt cAJring year, based on nunteer of days outstanding S 180,124.
(g) Deferred Federal and State Inccsee Tax Betances, Net (Debit) Credit:
FEDERAL STATE Electric Gas Other Electric Cas Other Accel. Amort. Prop-Line No.
7,2, Liberalized Depr. Prop-Line No. 62 7,3, S666,305 525 S13,889 l
Daf'd Fuel Costs-Line No. 28 & 62 7,4, (5,424)
(3,748) other *-Line No. 28, 34 & 62 7,5, (98,000)
(17,240) 7,6, l
7,7 Totat..............
7,8,
$562,581 525 (57,099) 3333333333 333333333 EB3E33333 333333333 23333583 BEEEEESS I
- Elaborate in ' Notes & Romerks' If significant.
1 (h) Accumulated Deferred Investment Tax Credits:
i I
Electric 7,9, S182,485 Gee 7,10, Other 7,11, 41 7,12, Total 7,13,
$1E2,526 NOTES & REMARKS:
(1) The Net investment in TMI-2 is comprised of $138,675 recorded in extraordinary property tosses and 5213,561 recorded in other deferred debits.
(2) Includes 5213,561 TMI-2 investment (see Note 1), S76,807 spectet deposits, S44,847 (Pyster Creek outage costs,
$33,950 load & demand-side management programs, $27,453 nucteer fuel disposal fee, S25,462 unamortized toss on reaccpired debt and $103,334 other.
(3) Inciudes 538,897 accumutated provieion for insurance and 124,094 oblisetione under capitat 1 eases.
(4) Includes $168,789 obligations under capitat teases, S65,608 interest accrued, $32,528 deferred energy credits and $186,162 other.
(5) Includes $142,531 ruclear fuel disposal foe, $51,800 DOE enrichment f acility docesumissioning, S20,000 manufactured pas plant site clean- @ and $56,166 other.
- See In#1vidust subsidiary 1992 USR
........................................'s.
1
t t
1
}
FAGE 9 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 FAGE 9 a
0 Cornpany GENERAL PUBLIV UTILITIES CORPORATION AND SUBSIDI ARY COMPANIES
........................................................................................................y i
SCHEDULE VIII-UTILITY PLANT BY FUNCTIONAL ACCOUNTS (Thousands of S)
FOR NOTES-SEE SCHEDULE IK-PAGE 10 CONSTRUCTION EXPENDITURES (c)
......................................................c ACCUM. PROV.
ESTIMATE AS OF FOR DEPREC.
UTILITY AMORT AND For Reported for 2nd For 3rd PLANT (a)
DEPL. (b)
Year (d)
For Next Year Yr. Foll.
Yr.Folt.I
..........)
1992 1993 1994 1995 (Electric Only)
ELECTRIC
- 1. Intangible Plant.......
8,1,
$20,720
?
Production Plant:
2.
Steam............
8,2, 1,224,773 5595,811
$65,854 S130,000 3.
Nuclear...........
8,3, 1,574,538 505,897 88,2D9 105,000 l
4.
Hydro............
8,4, 30,095 11,214 1,995 3,000 Not Available i
5.
Pumped Storage........
8,5, 35,756 9,405 2,407 2,000 1
G.
Gas Turbine.........
8,6, 7.
8.7, 325,256 183,493 19,795 15,000
..........?
8.
Total Production Plant..
8,8, 3,190,418 1,305,820 178,260 255,000
- 9. Transmissi on Plant......
8,9, 1,077,575 349,095 46,307 43,000
- 10. Distribution Plant......
8,10, 3,134,420 923,810 203,793 239,000
- 11. General Plant.
8,11, 537,268 138,070 44,486 45,000
........../
12.
Subtotal..........
8,12, 7,960,401 2,716,795 472,546 582,000
- 13. Miscellaneous Plant (e)..
8,13,
- 16. Construction Work in Progress.
8,14, 314,756 xxxxxxxxxxxx xxxxxxxxxxxx xxxxxxxxxxxxxx xxxxxxxxxxx xxxxxxxxx>
- 15. Plant Neld for Future Use...
8,15, 18,890 409
- 16. Plant Acq. Adj. & Other Adj..
8,16, xxxxxKXXxxxx XKXxxxxxxxxxxx xxxxxxxxxxx xxxxxxxxx>
- 17. Elec. Plant Exct. Nuclear Fuet 8,17, 8,294,047 2,717,204 472,646 (f) 582,000 i
- 18. Nuclear Fuel.........
8,18, 58,326 (f) 10.
TOTAL ELECTRIC PLANT....
8,19, 8,352,373 2,717,204 472,846 582,000
..........i CAS
- 20. Intangible Plant.......
8,20, j
- 21. Product on..........
8,21, i
- 22. Undergro.ad Storage (g)..
8,22,
- 23. Other Storage.........
8,23, i
i
- 24. LNG Storspe, Term. & Proc...
8,24,
- 25. Transmission.........
8,25,
- 26. D i s t r i but i on.........
8,26,
- 27. General............
8,27, j
28.
Subtotat..........
8,28, j
l
- 29. Miscellaneous Plant (e).
8,29,
- 30. Construction Work In Progress.
8,30, xxxxxxxxxxxx xxxxxKXxxxKK xxxxxxxxxxxxxx xxxxxxxxxxx
- 31. Plant Meld for Future Use...
8,31,
- 32. Plant Acq. Adj. & Other Adj..
8,32, xxxxxxxxxxxx xxxxxxxxxxxxxx xxxxxxxxxxx 33.
TOTAL GAS PLANT.......
8,33, (f) 0?HER UTILITY PLANT i
- 35. Water............. 8,34, 1,032 (h) 1 90 j
- 35. Capital Leasee........
8,35, 192,883 (h)
..........i
- 36. TOT AL OTHER UTILITY PLANT...
8,36, 193,915 190 (f)
- 37. COMMON PLANT (i)........
8,37, (h)
(f)
- 38. TOT AL UTILITY PLANT......
8,38,
$8,546,288
$2,717,394 S472,846 (f)
S582,000
.........d J
l i
PACE 10 UNIFDEM STAf!$TICAL REPORT - YEAR ENCED DECEMBEa 31, 1992 PACE 10 C:rnpany GENERAL PUBLIC UTILITIES CORPORATION AND SUBSIDIARY COMPANIES SCHEDULE IK-NOTES TO UTILITY PLANT BY FUhCTIONAL ACCOUNTS (Thousands of S)
(a) Cepreciable Property as of December 31:
ELECTRIC:
OTHER:
TotalElectric....l9,1,l 57,922,063 Totalother..........l9,3,l 5916
.......=====......
=====..=====
COMMON:
gas:
Total Gas......
19,2, l Tot al C ommon.......... j 9,4, l
.......========...
.......============
(b) Corposite book depreciation rate for Depreciable Property as of December 31:
Electric 3.17,
Gas other common overall Rate 3.17 (c) Estimated Construction Expenditures incluue Alliwance for Fmds Used During Construction-Yes X or No Indicate in total the AFUDC amounts included (excluoed) in estimates: Next Year S 13,139.2nd Yes; ?
3rd Year S l
(d) ExcLWes Purchased Property. Report expenditures, rather than transfers to utility plant.
i (e) Includes Experimental Plant Unclassified; Leased to others; Completed Construction Not Classified, and Other (Specify)
(f) Should agree with Construction Expenditures shown on Lines 1 through 8, SchedJte X below. See Note (b)
Schecule X for amounts of AL Lowance f or Fmds Used During Construction.
l l
(g) Incl Wes non-current gas S l
I (h) Includes Intangibles S
- Line No S
Line No (i) Estimated amount applicable to Utility Plantt Electric 5 Gas S
- Other S Estimated amoet applicable to Acc m.
Prov. for Depreciation:
.l9,10,l Electric S Cas S
- other S SCHEDULE x-ADDIT 10ms AMD RETIREMENTS 70 UTILITY PLANT-CURRENT YEAR (Thousands of S)
Construction Expenditures Purchase &
Gross other het (a)(b)
Ac:psisitions A Witions(c) Retirements Entries Aoditions
- 1. Elec. Exct. Nuclear Fuel.....
10,1, 5472,546 5472,846 561,517 55,987 5417,316
- 2. Euctcer Fuel (e).
10,2, 55,537 55,537 3. Gis................
10,3,
- 4. Property under Capital 10,4, 5.
Lsases, net: Nuclear Fuel.
10,5, (17,591)
(17,591) 6.
Other....
10,6, (2,580)
(2,5B0) 7.
10,7, B.
Tetal..............
10,8, 5472,646 5472,S46 561,517 541,353 5452,682
...................===..............................=........... =......==
r==r (d)
(a) Should agree with Colmn 3 - Construction Expenditures in Sgedste Vit!-Page 9.
(b) Includes Allowance f or Fmcts Used During Construction;
,9,lElectricexclWingNuclearFuet S 12,580 ;
Nuclear Fual 5
- Gas 5 other
- Total S 12,580 (c) Cross Additions should be the se of the Construction Expenditures and the Purchases and Acquisition columns.
(d) Th2 Total Wet Additions should agree with the net change in Total Utility Plant over last year (Line 38, Schedule Vll! Page 9), and should be the sum of Gross AWitions (Construction Expenditures plus Purchases and Acq;isitions),
less Retirements plus or minus Other Entries.
(e) Inclwes $51,800 f or DOE enrichment f acility remediation (i.e., decontamination and decommissioning) as required by the Energy Policy Act of 1992.
l PAGE 11 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PAGE 11l Conpany Name:
GENERAL PUBLIC UTILITIES CORPORATION AND SO S! DIARY COMPANIES SCHEDULE XI - NEW SECURITIES ISSUED DURING THE YEAR New Securities:
Unit Prices To Conpany To Public t
Proceeds Type of Nunber of Amom t (b)
(c)
Cost Price Sale Shares (Thousands S or 1 (d)
S or %
Tield Date
---.------+-----
Description of Issue (a)
(Thousands) of S) of Par of Per (e)
(f)
Mo/ Day, Consnon Issues (g)
- 1. None 2.
i 3.
4.
5.
6.
7.
Preferred and Preference Stock JCP&L CumJlative Pref erred 5tock -
I with Mandatory Redenption:
1.
7.52% Series K ($100 par value),
refunding (A) 500,000 50,000 99.300%
7.570 100.00%
7.52 P@.
C 6/25 2.
3.
4.
Bonds and Debentures Secured First Mortgage Sands:
1.
JCP&L 7 1/81 Series due 2004, ref m ding 150,000 99.270%
7.180 99.62%
7.15 Pub.
C 10/15 !,
JCP&L Mocitan-Tenn Notes, Series B:
2.
6.90% che 1997, refunding 30,000 99.50J%
6.930 100.00%
6.90 Pub.
N 1/29 ;
3.
7.90% che 2007, refmding 40,000 99.300%
7.960 100.00%
7.90 Pub.
N 1/23 4
8.55% cue 2022, refunding 30,000 99.250%
8.610 100.00%
8.55 P@.
N 1/29 l (continued on page 11a) totes (1 year or longer based on original maturity)
- 1. None 2.
3.
4 (a) Report each indivichaal issue separately (including securities issued as dividends, as uelt as new placements), using additional sheet if necessary. Specify maturity date rate, par value, convertibility, new or refunding, if convertible, briefly describe terms of conversion (b) Show principal amounts for Sands, Debentures and Notes, show stated values for Preferred and Preference Stock, and offering price for comenon Stock.
1 (c) Proceeds should he synonymous with price paid by mderwriters.
(d) Af ter mderwriter's canaissions.
I (e) Insert spects: Pvt-Private, Pub-P4 tic, and Prt-Parent.
(f) Insert syubols: C d ompetitive and N Negotiated.
(g) Indicate by the following sy e ols: PUB-P4Lic; DRIP-Dividend Reinvestment Plan; sR-Shelf Registration; ESP-Employee Stock Plans; other (Specify)
NOTES & REMARKS:
1 (A) Caltable beginning in the year 2002 at various prices above its stated value and is to be redeemed ratably over 20 years begiming in the year 1996.
I l
l l
~
I l
PAGE ile UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PAGE ila Conpany Name: GENERAL PUBLIC UTILITIES CORPORATION AND SUBSIDIARY COMPANIES SCHEDULE XI. NEW SECURITIES ISSUED DURING THE YEAR i
l New Securities:
1 Unit Prices l
l To Company To P @lic l
Proceeds Type of NLsuber of Amount (b)
(c)
Cost Price Sale Shares (Thousends S or %
(d)
S or I YfeId Date osseription of Issue (a)
(Thousands) of 5) of Par of Per (e)
(f)
Mo/ Day i
Bonds and Debentures (continued)
JCP&L Medita-Tern Notes, Series C:
5.
6.70% che 1997, new 20,000 99.500%
6.730 100.00%
6.70 Ps.
N 12/18 6.
8.82% due 2022, new 12,000 99.250%
8.890 100.00%
8.82 Ps.
N 3/27 7.
8.85% due 2022, new 38,000 99.250%
8.920 100.00%
8.85 P2.
N 3/27 8.
8.32% due 2022, new 40,000 99.250%
8.380 100.00%
8.32 Pub.
N 12/18 Met Ed Medium-Ters Notes, Series A:
9.
7.47% che 1997, new 20,000 99.500%
7.590 100.00%
7.47 Pub.
N 4/09 10.
8.60% due 2022, new 30,000 99.250%
8.670 100.00%
8.60 P@.
N 1/23 i
11.
8.80% che 2022, rew 30,000 99.250%
5.870 100.00%
8.80 P@,
N 4/09 Met-Ed Meditse-Tern Notes, Series B:
i 12.
7.05% che 1999, new 30,000 99.400%
7.160 100.00%
7.05 P4.
N 11/25 Penetec Meditan-Tern Notes, Series C:
1 13.
7.43% che 2002, refeding 30,000 99.375%
7.520 100.00%
7.43 Pub.
N 7/08 14.
7.48% che 2004, refunding 40,000 99.375%
7.560 100.00%
7.48 P@.
N 7/08 l 15.
7.40% che 2002, new 10,000 99.375%
7.490 100.00%
7.40 Pt.b.
N 11/18 16, 7.40% che 2003, new 10,000 99.375%
7.486 100.00%
7.40 P@.
N 11/18 17.
8.33% che 2022, new 20,000 99.250%
8.400 100.00%
8.33 Pth.
N 11/18 l
(a) Report each Indivichel issue separately (including securities issued as dividends, as well as new placements), using additional sheet if necessary. Specify maturity date rate, par value, convertibility, new or refmding. If conysrtible, briefly describe teren of conversion (b) Show principal ance:ts for Bonos, Debentures and Notes, show stated values for Preferred and Preference Stock, and effsring price for Common Stock.
(c) Proceeds should be synonymous with price paid by underwriters.
l (d) Af tsr mderwriter s commissions.
e (e) Ins 2rt sptiols: Pvt-Private, P 2-P @lic, and Prt Parent.
(f) Ins rt syntiols: C-Coupetitive and W-Nepctiated.
(g) Indicate by the following symbols: PUB P4Lic; DRIP-Dividend Reinvestment Plan; SR-thelf Registration; ESP Employee Stock Plans; Other (Specify)
.,y w
4 i
I PAGE 12 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PAGE 12 I
i Cons >nny GENERAL PUBLIC UTILITIES CORPORATION AND SUBSIDIARY COMPANIES i
SCHEDULE XII-STATEMENT OF CASH FLOWS (Thousands of 5)
]
(Detsit Material Items Not Shown on Form) 4 1
i OPERATING ACTIVITIES:
a
- 1. N e t I nc one....................................... l 12, 1, l S288,193
)
Non-Cash Items Included in Net Income:
i 2.
Depreciation, Copletion and Amortization (Incl. 567,820 Amort. Prop. under Cap. Lease) 12, 2, 407,958 3.
Deferred Income Taxes (Net) (Incl. $11,971 other income; S(1,331)-cPUSC; $(766).GPUN). 12, 3, 21,743 4
D e f err ed I nvestment T ax Cr edi t s............................
12, 4, (13,023) 5.
Altomance for Fuuss Used During Construction (Equity).
12, 5, (5,606)
I 6.
Other: Def erred Energy Costs, net - 540,989; Nuclear outage 12, 6, 7.
Maint. Costs, net. 516,736; Accretion Income - $(20,500).
12, 7, 37,225 j
?
Changes in Working Capital:
8.
Materiets and supplies, and Fuel Inventories, Gas in Storage.............
12, B, (1,780) t 12, 9, 23,546 i
9.
Acc ount s R e:e i vabl e ( Ne t )....................
1 10.
Spec i a l D epos i t s and P rope yment s........................... 12,10, (852) 11.
Other Current Assets................................. 12,11, 12.
Acc ount s P ay nble................................... 12,12, 899 13.
Acc rued T ax es..................................... 12,13, (37,375) i 14 12,14, 15.
12,15, 16.
Other current Liebilities...............................
12,16, (10,563) 12,17, (23,766) 17.
Other, net (A)....
- 18. Net Cash Provided By Operating Activities
.......................l12,18,l 686,599
........s=====ses.ss.
i INVESTING ACTIVITIES:
j
- 19. Construction Expenditures (excl. AFDC Equity).
12 19 (460,073)
- 20. Purchase of Other Investments.............................. 12,20, (8,2 79)
- 21. $s t e of other I nves tment s...............................
12,21, 128
- 22. Cont r i but i ons t o Dec omm i ss i oni ng T rus t......................... 12,22, (22,714)
- 23. Cost of Removel, net of salvage...
12,23, (10,859) 2 4. Other, ne t......................................
12,24, (7,358)
- 25. Net Cash Used For Investing Activities......................... l12,25,l (509,155)
........sssssssssssssa i
FIkANCING ACTIVITIES:
j
- 26. C ommon St ock D i vi dends.................................
12,26, (174,538)
- 27. Preferred / Preference Stock Dividends 12,27 (36,711) i
- 28. Issuance of Long-Term Debt (Net Proceeds).
12,28, 585,954
- 29. Issuance of Preferred / Preference Stock (Net Proceeds)...
12,29, 50,000
- 30. Issuance of Common Stock (Net Proceeds).
12,30,
- 31. Increase (Decrease) in Short-Term Debt (Net)...
12.31, (87,776)
- 32. Redemptims of Long-Tenn Debt (Net Payments)...
12,32, (387,029) l
- 33. Redemption of Pref erred / Preference Stock (Net Payments) 12,33, (51,635)
- 34. Capi tal Lease Pri nc i pe t Payments............................
12,34, (70,440) 35.
'2,35,
- 36. Net Cash used For F inancing Activi ti es......................... l12,36,l (172,175)
......... sssss==ssess
\\
- 37. NET INCREASE IN CASN AND CASH EDUIVALENTS.......................l12,37,l 5.265
......... ssuessnesses
- 32. CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR.....................l12,38,l 5,121 J
........ssssssssssses:
- 39. CASH AND CASM EDUIVALENTS AT END OF YEAR........................ l12,39,]
S10,390
........sssss===esesse NOTES, REMARKS, AND SUPPLEMENTAL INFORMATION:
Supplomontal Disclosure:
Interest Poid (net of enount capitalized).
S200,640 Income Taxes Psid.................................
$164,062 New Capital Leese Obligations Incurred.......................
548,D87 Common Stock Dividende Declared But Not Pold....................
544,327 (A) Includes S(13,481) Interest peld on tong-tere debt retired and S(6,070) interest on accelerated payment of N.J. unit tax.
l l
POCE 13 UNIFORM STATISTICAL REPORT + YEAR ENDED DECEMBER 31, 1992 PACE 13 Company GENERAL PUBLIC UTILIf!ES CORPORATION AND SUBSIDIARY COMPANIES L
SCHEDULE K!!!-EMPLOYEE DATA Allocate to Electric, Gas and other cepartments consnan enployees who devote part of their time to Electric and part to Gas, and/or Other Departments.
i Estimate splits on basis of payroll collars or any other reasonable basis.
b NUMBER OF EMPLOYEES l
ELECTRIC GAS OTHER TOTAL j
- 1. Average for Year.
13,1, 11,941 35 11,976
- 2. At Year-End...............
13,2, 11,935 34 11,969 i
SALARIES AND WGES (Thousands of 5) (a) l
- 3. Operation and Maintenance (A).
13,3,
$370,995 5370,995
- 6. Construction (A).
13,4, 142,942 142,942
- 5. Other (B).
13,5, 86,464
$1,227 87,691 l
G.
Total....
13,6, S600,401 (C) 51,227 S601,628
........ asses==essse ses==s======
===sss
sssss=====ss PENS!ONS AND BENEFITS (Thousands of 5)
- 7. Operation and Maintenance........
13,7,
$70,930
$70,930
- 8. Construction..............
13,8, 23,983 23,983
- 9. Other..................
13,9, 16,415 5321 16,736 90.
Total................
13,10,
$111,328
$321
$111,649
.........====...====
===ss==.....
===ss==s===.
ssa......=
(0) Do not include pension and benefits.
NOTES & REMARKS:
(A) Includes allocation of payroll charged for clearing accomts.
(B) Includes mdistributed fuel / stores expense, various clearing accomte, miscellaneous deferred debits, accomts receivable, and other income and deductions.
(C) Includes GPUSC, GPUN and barpsining unit employee salaries charged to operation and maintenance and construction accounts and not directly to the payroll account of $137,800 and S27,248, respectively. There were 3,432 of such suployees at year-end.
l l
i
1 PAGF E.14 UNIFORM STAT!STICAL REPC3T - YEAR ENDED DECEpsER 31, 1992 PAGE E-14 Company GPU CDRPORATION AMD SUBSIDI ARIES State of Tota! System X
SCHEDULE K!V-CLAS$!FICATION OF ELECTRIC ENERGY SALES, REVENUES AND CUSTOMERS Companies operating in more than one state should complete this Fo. EE!
l State l
scheoute for each state in which they operate.
Use Only l
Co-Code j
i ME GAWATT HUURS OPER. REVENUES CUSTOMERS
($000)
Sales to Ultimate Customers (a)
(a)
AT YEAR END AVERAGE-12 40s.
- 1. R es i oent i al*................
14,1, 13,725,410 S1,335,978 1,680,017 1,670,714 14,2, 12,333,136 1,074,987 208,261 2D6,861
- 2. Commercist (b)*.
- 3. Inoustrial (b).
14,3, 11,901,185 752,172 8,711 8.753
- 4. Public Street & Highway Lighting......
14,4, 154,543 30,273 3,254 3,271
- 5. Other Sales to Public Authorities......
14,5, 105,440 8,968 359 362
- 6. Sales to Railroads a1d Railways.......
14,6, 14,7,
- 7. Interdepartmental Sales.......
8.
14,8,
- 9. Total Sales to Ultimate Customers......
14,9, 38,219,714 3,202,398 1,900,632 (c) 1,S89,961(c)l Sales for Resale
- 10. Investor owned Electric Utilities......
14,10, 5,974,778 132,378 21 21
- 11. Cooperatively owned Electric Systems....
14,11, 516,252 23,771 3
3
- 12. Municipetty owned Electric Systems.....
14,12, 427,S42 21,347 15 15
- 13. Federal & State Electric Agencies......
14,13, 14.
14,14,
- 15. Total Sales for Resale...........
14,15, 6,918,872 177,496 39 39
- 16. GRAND TOTAL.................
14,16, 45,138,556 3,379,894 1,900,671 1,890,000
...........................====.........=========.==
- 17. Less provision for rate ref unds.......
14,17, 392
- 18. OTHER ELECTRIC REVENUES 14,18, 54,651
- 19. TOTAL ELECTRIC OPERATING REVENUES......
14,19, 53,434,153
===
- Customers with Electric Space Meeting:(d)(e)
Residentist..............
14,20, 3,423,442 S303,796 223,793 222,705 Commercial Apt. gidos. Master metered 14,21, Not Aval(able (f)
(f)6 All other...............
14,22, Not Available
~'
(a)StatepercentseeofKilowatthoursorOperatirheveSesforeachclassofsales(indicatewhich)
Kilowatthours subject to fuel rate adjustment: Resloentist
%; Commercial Indastrist
%; other (Specify)
- , except for Sales for Resale. 14%.
- or indicate by symbol (#) those classes of sales futty covered.
Total dollars recovered through rate adjustment clauses in Current Year Fuel Clauses 5 60,226 Tax Clauses S 29,485 other (Define) unbilled Revenue S 6,352 for MWh on line(s)
(b) Indicate classification by striking out the inappropriate parts of captions of Lines 2 and 3.
Give the criteria used by l Comany in classifying the customers into the respective gro@s, also break point between Large and Small Light and Power.
Classifications based principatty on retait and service business (coussercist) and anNf acturing and processing (industrial).
(c) Excludes j14,23,l (at year end)
(sverage-12 mos.) ultimate customers counted more than once because of special services such as water heating, etc.
(d) Report Total kWh sales (att uses) and Total Revenue for those Customers who use electricity as their principal source f or space heating (included in Lines 1 and 2, respectively). Report customers even though other data is not available.
(e) Report here what is considered to be the average annual heating and cooling degree-day for the territory sersed with 1
electricity by your company, on a calender or bliting year basis if other than 65 degree base.
specify.
Meeting Degree. Day
- 1. Latest Year; degree-days.
Meeting Degree-Day
- 2. Aversee fear, based on years experience:
degree-days.
Cooling Degree-Dey
- 1. Latest Year; degree-days.
J Cooling Degree-Day
- 2. Average Year, based on years eKperience:
oegree days.
i (f) Includes
]14,24,l (at year end)
(sverage.12 mos.) dwetting units in apartment buildings master metered.
KOTES & REMARKS:
- See Individual Subsidiary 1992 USR's.
- ........*...-.*.-.9 i
i PAGE E-15 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PAGE E-15 Conpany GPU CORPORATION AND SUBSIDIARIES State of Total System M
SCHEDULE XV-CLASSIFICAT!DN OF INDUSTRI AL (OR LARGE LIGHT AND POWER)
EkERGY SALES AND REVENUES l
l State l
[ Co-Code Companies operating in more th:n one state snould complete this schedute for each state in which they operate.
Ptsese give a breakdown of your Inchstrial (or Large Light & Power) $stes and Revenues t7y type of industry, preferably by the Major Mining and Manuf acturing Groups of the Standard trdustrial Classification (a).
If not coded strictly by Standard Inchstrist Classification, please give comparable information by any simiter grouping l
you may have adopted. If you cannet furnish the information on e comprehensive basis, data for your targest inchstries would be useful (ten if possible).
Wh3re a customer or establishment has operations pertaining to more than one industry, the principal type would dettemine the classification.
MEGAWATTHOUR REVENUES TYPE OF INDUSTRY S.I.C NO.(a)
SALES (thousands of 5)
MINING Metst Mining.........................
10 15,1,
$4 Coal mining.........................
11 & 12 15,2, 418,123 21,965 Oil & Gas Extraction.....................
13 15,3, 7,364 673 Mining & Quarrying of Monmetettic Min.(except fuele).
14 15,4, 254,818 18,142 15,5, Total Mining.......................
15,6, 680,325 40,764 MANUFACTURING F ood and K i ndred Produc t s..................
20 15,7, 777,768 51,599 Tobacco Products..............
21 15,8, 5,027 436 isat i t e M i l l Product s....................
22 15,9, 141,417 9,451 Apparel & Other Finished Prochets made from fabrics
& si i t ar meteri al s.....................
23 15,10, 65,540 5,598 Lumber & Wood Products except furniture...........
24 15,11, 293,493 17,827 Furniture & Fixtures 25 15,12, 37,952 3,036 P aper & At t l ed Products...................
26 15,13, 771,426 44,670 Printing, Publishing & Attled Industries...........
27 15,14, 222,760 16,541 Chemicals & At t l ed Products.................
28 15,15, 1,011,613 73,328 PJtroleum Refining and Related Industries..........
29 15,16, 345,491 18,214 Rubber and Miscellaneous Plastic Products..........
30 15,17, 844,819 52,713 Lecth:r & Leather Products..................
31 15,18, 46,859 3,067 Stone, Clay, Glass & Concrete Products............
32 15,19, 895,441 46,805 Pri ma ry Me t a l I ndus t r i es...................
33 15,20, 2,036,496 105,225 Fabricated Metet Proc 2Jcts except machinery &
transporta ti on eavi pment..................
34 15,21, 741,760 47,809 Mach i nery, except E l ectri es t.................
35 15,22, 569,657 40,390 Electrical and Electronic Machinery, Equipment & Supplies..
36 15,23, 911,672 60.587 T ransport a t i on E qui pment...................
37 15,24, 280,136 18,051 Measuring, Anatyring & Controtting Instruments; Photographic, Medical & Optical Goods; Wetches & Clocks..........
38 15,25, 178,591 11,510 Misestlaneous Manuf acturing Industries............
39 15,26, 112,300 12,169 15,27, T ot a l M anuf ac tur i ng...................
15,28, 10,290,218 639,026 Tctet Mining and Manuf acturing..............
15,29, 10,970,543 679,810 mInckstrial customers" with demands below kW..
15,30, othsr "Industrist Customers" not etassified.........
15,31, ron-manuf acturing " Industrial customers"...........
15,32, 930,642 72,362 Adjust, f or Olf f erences in SIC Coding (-)(+).........
15,33, Total Industrial or Large Light & Power (b)..........
15,34, 11,901,185 5752,172 l
(c) The Standard Industrial Classification manuet is available from nettonal Technical Information Service, 5285 Port Royal Road, Springfield, VA 22161. Order No. Pg 87-100012. It is used primerity as an aid in securing triiformity and comparability in the presentation of statistical date collected by various agencies of the U.S. Government, State Agencies, Trade Associations, and Private Desearch Agencies.
(b) Amounts should agree with line 3 (colume 1 and 2) of Schedule XIV Pagu E-14.
l i
I
PAGE E.16 UN!FC'M STATISTICAL REPC2T - YEAR ENDED DECEMBER 31, 1992 PAGE E.16 Campany GPU CORPORATION AND SUBSIDI ARIES State of Total System x
SCHEDULE XVI-SOURCE AND DISPOSIT!DN OF ENERGY I
l l State Conpanies operating in more than one state should ceptete this l
[Co-Code schedule for each state in which they operate.
Source of Energy COST het Generation:
MEGAWATTHOLRS (thousands of S) 1.
S t e am, C aivent i ona l.......................
16,1, 18,312,D99 5
387,050 2.
Steam, Geothernet........................
16,2, 3.
S t e am, N uc l e a r..........................
16,3, 11,448,549 283,727 4.
Hydro..............................
16,4, 252.4D9 3,265 16,5, 875,713 1,3D6 5.
Pumped Storage (a)...
16,6, 88,061 9, 722 6.
Combustion Turbine 16,7, 235,365 18,531 7.
Less: Energy Input for Pumped Storage..............
16,8, (1,231,166) xxxxxxxxxxxxxxxxx 9.
Total het Generation.......................
16,9, 29,981,030 703,601 Purchased Power (Account 555):
10.
Investor Owned Electric utilities (1)....
16,10, 11,536,954 415,181 11.
Cooperatively owned Elect. Systens................
16,11, y
- 12. Public Agencies including Municipals 16,12, 25,063 340 r
- 13. kon-Utility Sources (t).
16,13, 8,069,431 471,250 14 International Imports......................
16,14,
- 15. Exchanges Received & Delivered (Net).
16,15, 369,358 12,362
- 16. Capac i ty R educ t i on and D SM P a yment s...............
16,16, 1,371
- 17. Less: Energy input f or Pumped Storage (if applicable) 16,17, xxxxxxxxxxxxxxxxx
- 18. Tot a l Purch ased P ower......................
16,18, 20,000,806 900,504
- 19. Received From own Company Outside State..............
16,19,
- 20. Total het Energy f or Distri buti on.................
16,20, 49,981,836 xxxxxxxxxxxxxxxxx assessssssssssa sessasssamesesssa
- 21. Energy Wheeled (f or accounts of others)(c)..
16,21, 2,449,529 xxxxxxxxxxrXXXXXx
- 22. Generation Control and System Dispatching.............
16,22, XXXXXXXKxxxxxKX 12,840
- 23. Other Expenses (d)..
16,23, xxxxxxxxKXKxxxx 40,805 3
- 24. Total Production Expense (Electric)...
16,24, XXxxxxxxxxxxxxx $
1,657,750 i
sesessassassass==
Disposition of Energy
- 25. Total Energy Sales (e).
16,25, 45,138,586
- 26. Used in Electric & Other Depts and Furnished Without Charge....
16,26, 1,253,299
- 27. Total Energy Accounted for (25 and 26)...
16,27, 46,391,885
- 28. Energy Lost and unaccounted for(e).
16,28, 3,589,951
- 29. To Dwn Company in other S tat es..................
16,29,
- 30. Total Di> position (Lines 27+2B+29s Line 20)(a).
16,30, 49,981,&36 assamosammassas
- 31. Energy Wheeled (for accounts of others)(c)....
16,31, 2,449,529 (a) Exclusive of energy for p6mping. If combination hydro and ptmped storage station, attocate station expenses to each source of generation.
1 (b) Incitdes purchased power from cogenerators, small power produwers and other non-utility producers.
(c) If Company transmits power of and for another system and such power is not included as both a receipt and delivery in Purchased Power accomt, show in Lines 21 and 31, the MWh wheeled.
(d) Includes charge or (credit) for deferred fuel costs S 40,175 (e) Includes effect of meitted MWh.
x0TES & REMARxS:
]
(1) Includes 1,181,702 MWh which is tranferred over the GPU System to the Attegheny Electric Cooperative (AEC).
p..................................................................................................................................
[PAGE E*17 UNIFCCX STATISTICAL REPORT. YEAR ENDED DECEMBER 31, 1992 PSCE E-17 Company GPU CORPORATION AND SUBSIDIARIES l
SCHEDULE KVII-MAXIMJ1 CEMANDS AND NET CAPABILITY AVAILABLE AT TIME OF COMPANY PEAKS-CALENDAR YEAR (MW) i OTHER ACTUAL DATA AT TIME OF l
MAX! MUM DEMAND (a)(b)
CAFABILITY AT TIME OF COMPANY PEAKS COMPANY PEAKS Conpany Conpany F i r1n ( A) F1rm Sales Non-Firm Non Firm Owned Leased Purchases To Other Purchases Sales Gaaerating Generating From Electric System from To Other j
Hour; Month /
Net Net Other Utilities Capability Other Electric l
Megawatts Day / Year Capability (c) Capability (c) Companies (d) (d)(e)
(f)
Sources Utilities Summer Petk(b) 17,1, 8,D67 5 PM - July 14 6,718 333 3,027 10,078
. Winter Ps k(b) 17,2, 7,1 73 7 PM - Jan. 16 7,254 312 2,810 10,406 a heeled" for others).
(a) 60 minute (60 minute, if evallable) Integrated pak for the Conpany's total load. (Exclude power w
(b)
's estimated Maxinus Demand (60 minute integrated peak) for the next calender year:
Smmer 8,163 MW Winter 7,405 MW; (c) Give the total plant capability at the time of the peaks noted above, whether or not the generating units were carrying load or unintained as reserve. Include the capability of mits which were out of service for maintenance or repair.
(d) Including "one mit contracts" with Firm Purchases or Firm Sales (such contracts provide capability from a specific mit only to long as the mit is capable of being operated).
(e) Include only sales to companies which obtain their principal suply from other sources.
(f) Est System Capability is the total net generating station capability of a system at a stated period of time (usually at time i
of system's maximun load), plus capability avaltable at such time free other sources through firm power contracts less fire power obligations at such time to other companies or systems.
Annual Load Factor 62.3 %, based on a Demand Intsrval of 60 minutes. Annual capacity f actor 53.5 %, based on the capacity of utility-owned generating eqJipment.
.~~.
Systemloadfactorfordayofpeakl17,3,l Summer 81.6%
Winter 66.6%
j l
If company is part of a power pool, please give name of pool Pennsylvania - New Jersey - Maryland (PJM)
NOTES & REMARKS:
(A) Includes:
Swsmer Winter AEC Generation 214 224 Nonutility Generation 1,003 1,028 1,217 1,252
PACE E-18 UNIFC2M STAT!STICAL REPCAT - YEAR ENDED DECEMBER 31, 1992 PAGE E-18 Conpany GPU CORPORATION AND SUBS!DI ARIES State of Total System X SCHEDULE XVI!!-GENERAflhG STATION STATISTICS (a)
Companies which own plants or portions thereof in more than one state State l
should complete this scheduta for each state in which plants are located.
Co-Code l
RATING IN hET XILOWATTS HEAT RATE FDR UNITS IN SERVICE DEC. 31 (BTU per NET kWh net GENERATION i
TYPE (c) and hAME AND LOCATION OF STATION (b)
PRIMARY FUEL Nameplate (d)
Capability (*)
ganeration)
Negawatthours l
Homer City, Homer City, Pa.
(Penelec Interest)
SC (Coal) 1,006,000 942,000 9,613 6,202,649 Shawville, Shavville, Pa.
SC (Coat) 640,000 597,000 10,160 3,478,716 Seward, Seward, Pa.
SC (Coal) 218,229 196,000 11,178 1,239,245 Warren, Warren, Pa.
SC (Coat) 84,600 88,000 13,754 408,055 Portland, Portland, Pa.
SC (Coal) 426,700 401,000 10,068 1,835,927 Conemeugh, Muff, Pa. (met-Ed Interest) SC (Cost) 308,000 280,000 9,3 73 1,966,001 Titus, Reading, Pa.
SC (Cost) 225,000 241,000 10,549 1,007,422 i
Keystone, Indiana, Pa. (JCP&L Interest) SC (Coal) 312,000 283, D00 9,413 1,985,256 Sayreville, sayreville, N.J.
SC (Gas) 346,800 304,000 13,701 114,772 i
Gilbert, Holland Twp., N.J.
SC (011) 126,100 117,000 14,5D8 61,383 Warner, South Amboy, N.J.
SC (011) 60,000 58,000 16,495 12,673 Total SC 3,753,429 3,507,000 10,029 18,312,099 Dyster Creek, Lacey Twp., N.J.
SN 650,000 610,000 10,663 4,528,828 Three Mile Island, Dauphin County, Pa. SN 871,000 756,000 10,911 6,919,721 Total SN 1,521,000 1,396,000 10,813 11,448,549 i
3 Hydro Stations M
67,600 64,000 252,4D9 4 Internal Combustion I (011) 13,600 14,000 14,498 1,042 6 Combustion Turbines CT (011) 377,500 368,000 17,256 9,379 10 Combustion Turbines CT (Gas & Cit) 803,100 788,D00 15,799 78,682 Gilbert, Nottand Twp., N.J.
CC (Gas) 349,800 318,000 10,842 234,323 Total I, CT & CC 1,544,000 1,488,000 12,246 323,426 fards Creek, Blairstown, N.J.
(JCP&L Interest)
PS 193,400 180,000 256,523 Seneca, Warren, Pa. (Penelec Interest) PS S4,400 83,000 123,839 Other (L)
PS 495,351 (**)
Total PS 2 77,800 263,000 875,713 Sub-Total............
18,1, XXXXXXXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXXXX 31,212,196 1
Less: Energy Input for Ptsuped Storage.
18,2, XXXXXXXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXXXX 1,231,166 i
Total-All Stations operated.....
18,3, 7,163,829 6,718,000 (e) 10,351 29,981,030 (f) ssssssssssssssa assassassassssa assassassassas seassansassassa (a) In ockfition to listing all stations operated, show separately below stations oemed but leased to others.
I (b) Group by type and show totals for each type. Indicate stations leased from others with (L) and indicate with (J) conpany portion only of stations jointly owned with others.
(c) Insert symbol: SC-Steam, Conventionst; SW-Steam, Nuclear; M-Hydro; PS Pumped Storage; I-Internal Contiustion; CT-Contiustion Turbina; GEO-Geothermal; CC-Combined Cycle; S Solar; W Wind; Other (specif y)
(d) Give manuf acturer's maximas nemmpleta rating of the turbine-generator set.
(e) Amotrit of firm capability (including net firs purchases from other companies) at December 31 (f) Should equal total net poneration on Line 9, Schedule XVI-Page E-16,
(*)
Represents summer capability.
(") Represents JCP&L's (222,924 MWh) and Met-Ed's (272,427 MWh) teased interest in Seneca.
...............................................................................................................................e
I g..................................................................................................................................
PAGE E-19 UWIFORM STATISTICAL REP 03T - YEAR ENDED DECEMEER 31, 1992 FAGE E-19 Company GPU CORPORAT!DN AMD SUBSIDI ARIES State of Total System x SCHEDULE x!x-FUEL CO*:UMED FOR ELECTRIC GENERATION Componiss which own plants or portions thereof in more than one state l
l State should complete this schedule for each state in which plants are located.
l lCo-Code AVERAGE COST PER TOTAL UNITS TOTAL AVE RAGE hET C0hSUMED COST Million BTU GENERATION BTU PER K!".D OF FUEL / UNIT OF MEASURE (thousarem)
(s000)
Unit stu CONTENT (a) 4Wh (b) hET kWh Boilers:
- 51. Coal (Tons)..
19,1, 7,159
$262,829 S36.71 145.80(
12,589 18,123,271 0 '* 7
'2. Coka(Pounds)........ 19,2, l
I. Lignite (Tons)...
19,3, 3
4 19,4,
- 5. Oil (Ezrrels)...
19,5, 155 3,632
$23.41 372.53 c 149,631 84,457 15 3..
- 6. Ges(McF).......... 19,6, 1,647 4,259 258.67(
250.96 c 1,031 (d) 104,371 16,260
- 7. Start-up Fuel Oll(Barrels)* 19,7, 120 3,168
$26.46 455.37 i 138,347
- 8. Start-up Fuel Gas (MCF)*.
19,8, 14 40 275.86 (
266.29 o 1,036 (d)
- 9. Subtotal (Lines 1-8)...
19,9, xxxxxxxxxxxx 273,928 XXXXXXXx 149.16 ( xxKxxxxxxxx 18,312,099 10,029 Coeustion Turbine (CT),
Internal Coe ustion (!C);
Combined Cycle (CC)
- 10. CT - Oil (Barrels).
19,10, 61 1,839 530.15 522.58 e 137,381 20,485 17,182
,11.
Gas (MCF)..
19,11, 1,023 2,899 283.54(
275.56 i 3 030 (d) 67,576 15,582
- 12. IC - Oil (Barrels).
19,12, 3
80
$30.76 534.99 o 703 1,042 14,498 13.
Cas(MCF)......
19,13,
- 14. CC - Oil (Barrels)....
19,14, 58 2,078 535.76 611.57 c
";<,226 70,255 4,836 15.
Gas (MCF)...
19,15, 2,130 5, 721 268.57(
259.97 e 1,033 (d) 164, D68 13,413 16.
19,16,
- 17. Subtetal (Lines 10-16).. 19,17, xxxxxxxxxxxx 12,617 xxxxxxxx 318.57 ( xxxxxxxxxxx 323,426 12,246 Nuclecr Generation
- 18. tuelecr(Grams).
19,18, 1,987 69,685 535.08 56.21(
62,396 (e) 11,448,549 10,813
- 19. TOTAL ALL FUELS...... 19,19, xxxxxxxxxxxx
$356,230 (c)xxxxxxxx 114.33 ( xxxxxrxxxxx 30,084,074 10,351 (a) Express in units of lbs. of coal and coks, cubic feet of wood and gas, gallons of oil, and grams of nuclear fuel.
(b) Estimate het Ger,eration by type of fuel if actual data is not evallable.
(c) Should agree with fuel in Schedule IV.Pape 5. If not explati.
(d) Par MCF (thousands).
(e) Average MSTU content per kilogram.
- Stcrting and stabilizing fuel fcr coal fed boilers; generation not available.
SCHEDULE xx EFFICIENCY of STEAM-ELECTRIC GENERATING UNITS List the most efficient tritts (up to ten) which were operated at en annual capacity f actor of 50% or better.
Indicate with (J) Company portion only of stations Jointly-owned with others.
FUEL COST NET AVERAGE ANNUAL
((PERNET NAME OF STAT 10N UNIT No.
CAPAE!LITT (KW)
HEAT RATE kWh GENERATED)
- 1. See Individual $4sidiary 1992 USR's.
2.
3.
4.
5.
6.
7.
8.
9.
10.
PAGE E-20 UC! FORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 PAGE E-20 Conpany GPU CORPORATION AND SUBSIDIARIES State of Total System X SCHEDULE XXI-CKANGES(a) IN GENERATING UNITS Conpanies operating in more th.m one state should c:nplete this State sched de for each state in which they operate.
Co-Code RATIhG IN WET KILOWATTS (a)
TYPE (c) &
Date in hAME AND LOCATION OF STATION (b)
PRIMARY FUEL Nameplate (d)
Capability (*)
Status (e)
Service (f)
Gilbert Holland Township, N.J.
CT (Gas) 95,200 98,000 (A)
Rr Ssyreville Seyreville, N.J.
CT (Gas) 212,400 220,000 (B)
Rr W3yne Cochrenton, Pa.
CT (Oil) 53,100 56,000 (C)
Rr i
Oyster Creek Lacey Township, N.J.
SW 650,000 610,000 (0)
Rr
+
Three Mile Island Unit No. 1 Middletown, Pa.
SW 871,000 786,000 (E)
Rr Seneca unit No. 2 (J)
W3rren Pa. (Penetec Interest)
PS 39,600 39,000 (F)
Rr I
I (a) Also include all planned additions of ponerating units which have been annomcod and show estimated date of commercial T
operation.
(b) Indicate with (J) company portion only of mits or stations jointly owned with others.
(c) Insert syeols SC-Steen, Conventional; $N-Steam, Nuclear; N-Hydro; PS-Ptamped Storage; I. Internal Contustion; CT-Combustion Turbiner GEO-Geotherent; CC-Combined Cycle; S-Solar; W-Wind; and any other source, footnote and describe below.
(d) Give manuf acturers maximas remaptate rating of the turbine-generator set.
(e) Insert symbol: tr*Rerated, Rt-Retired, A Added, U-Under Construction and Au-Authorized but not trider Construction.
(f) For mits added, show exact date of comunercial operation. For units under construction or authorized, estimate the month and year.
I l
I NOTES & RENAnKS:
(*) Represents summer capability.
l (A) Rerated from 100,000 KW, affective march 1, 1992.
(B) Rereted from 212,000 KW, effective merch 1, 1992.
1 (C) terated from 54,000 KW, effective March 1, 1992.
(D) R6 rated from 620,000 KW, ef fective Jeruary 1,1992.
(E) Rerated from 808,000 KW, effective march 1, 1992.
(F) Rersted from 34,000 KW, ef foctive July 1,1992.
--..q i
l l
1 1
1 PAGE E-21 UNIFORM STATISTICAL REPORT - YEAR ENDED DECEMBER 31, 1992 P*.GE E-21 Company GPU CORPORATION AND SUBSIDI ARIES State of Total System x l
]
SCHEDULE xxii-MILES OF ELECTRIC LINE AND OTHER PHYSICAL DATA Companies operating in more than one state should conj'ete this l State I
tchedule for each state in which they operate.
l Co-Code
"!LES OF ELECTRIC LINE (a)
OVERHEAD LINES UNDERGROUND LINES DESIGN LINE Conduit VOLTAGE-kV Pole Miles Circuit Miles Bank Miles Cable Miles l
Transmission under 22 kv...........
22,1, 22 kV and over:
22 to 30 kV 22,2, 31 to 40 kV 22,3, 1,500.D9 1, 774.96 17.39 62.51 41 to 50 kV 22,4, 363.40 363.40 0.03 0.03 51 to 70 kV 22,5, 189.33 440.71 0.12 0.36 71 to 131 kV 22,6, 1,781.41 1,908.76 132 to 143 kV 22,7, 14.23 14.23 144 to 188 kV 22,8, 189 to 253 kV 22,9, 1,351.14 1,603.03 254 to 400 kV 22,10, 148.80 148.80 401 to 600 kV 22,11, 471.78 471.78 601 to 800 kV 22,12, Total Transmission.......
22,13, 6,020.18 6,725.67 17.54 62.90 Dietribution Under 22 kv...........
22,14, 43,281.10 xxxxxxxxxxxxx 8,874.61 17,176.32 22 kV and over:
22 to 30 kV 22,15, 2,187.60 211.73 790.32 31 to 40 kV 22,16, 4,046.69 873.36 371.05 1,000.33 l
41 to 50 kV 22,17, 1
51 to 70 kV 22,18, Over 70 kV 22,19, Total Distribution.......
22,20, 49,515.39 xxxxxxxxxxxxx 9,457.39 18,966.97 GRAND TOTAL (TED)..........
22,21, 55,535.57 xxxxxxxxxxxxx 9,474.93 19,029.87 5E333E33253S 35E3333333335 SERESSEBSSES 3EE33333R353 (a) If transmission and/or distribution line(s) are jointly-owned, include only your own portion and indicate in a footnote the total amount of jointly-owned miles, the other co-owners and percentage of ownership.
OTHER PHYSICAL DATA Number Capacity (kVA) 2
- 1. Distribution $ 4 stations (Includes Utility owned IndJstrial Substations) 1,151 15,720,849
- 2. Line Transformers (Includes Network Transformers) 493,608 20,753,301
.......................................................................*.......................................*.8.**.**
n v
SOURCE E APPLICATION OF FUNDS STATEMENT 1993 FORECAST (Millions)
GPU ADDlication of Funds CONSOLIDATED JCPEL Met-T,d Penelec Construction 575 242 167 166 AFC 17 10 5
2 Nuclear Fuel 50 14 24 12 Maturities, Sinking Funds
& Refunding 217 117 100 0
Total Applications 859 383 296 180 Paurces of Funds I
Internal Depreciation & Amortization 348 177 83 88 Deferred Energy (25) 2 (16)
(11)
Deferred Income Taxes /ITC, Net 27 2
11 14 Decommissioning (27)
(19)
(8) 0 Retained Earnings, Changes in Working Capital and Other (22)
(16) 10 (24)
. Total Internal Sources 301 146 80 67 External Bonds 455 230 120 105 Preferred Stock 0
0 0
0 Nuclear Fuel Lease 50 14 24 12 l
Short-Term Debt /(Temp Invsts) 53 (7) 72 (4)
Total External Sources 558 237 216 113 Tctal Sources 859 383 296 180 Capitalisation Long-Term Debt
$2,491
$1,245 515 687 Preferred Stock 465 238 140 87 Common Equity 2,495 1,277 610 650 Short-Term Debt 154 0
84 44 Total
$5,605
$2,760
$1,349
$1,468 1
i
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- m. - -. -.
SOURCE & APPLICATION OF FUND 3 STATEMENT 1992 ACTUAL (Millicns)
GPU ADDlication of Funds CONSOLIDATED JCP&L Met-Ed Penelec i
Construction 453 215 130 109 AFC 13 8
3 2
Nuclear Fuel 35 33 2
0 Maturities, Sinking Funds
& Refunding 387 283 25 75 Total Applications 888 539 160 S
186 Sources of Funds Internal s
Depreciation & Amortization 340 167 88 84 Deferred Energy 41 4
36 1
Deferred Income Taxes /ITC, Net 9
15 (16) 10 Decommissioning (23)
(19)
(3)
(1)
Retained Earnings, Changes in Working Capital and Other (18) 7 0
(22)
Total Internal Sources 349 174 105 72 External Bonds 592 370 109 110 Preferred Stock 0
0 0
0 Nuclear Fuel Lease 35 33 2
0 Short-Term Debt /(Temp Inysts)
(88)
(38)
(56) 4 Total External Sources 539 365 55 114 Total Sources 888 539 160 186 CcDitalization Long-Term Debt
$2,251
$1,131 496 583 Preferred Stock 465 238 140 87 Common Equity 2,379 1,234 544 650 Short-Term Debt 101 6
12 48 Total
$5,196
$2,609
$1,192
$1,368 i
.. ~. -. -